| TQQQ latest price $38.2000 (-2.43%) ($38.0700 - $38.2000) on Thu. Nov. 9, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.29% (three month average) |
RSI | 63 |
Latest Price | $38.2000(-2.43%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TQQQ advances 1% a day on average for past five trading days. |
Weekly Trend | TQQQ advances 7.8% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support TQQQ advance at 0% a week (0% probability) IWF(97%) VUG(97%) XLK(95%) IVE(84%) VT(81%) |
Factors Impacting TQQQ price | TQQQ will decline at least -1.645% in a week (0% probabilities). VXX(-42%) UUP(-34%) VIXM(-32%) TBT(-24%) GLD(-15%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
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Relative Volatility | (options are extremely cheap) |
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Market Trend Strength | -1.645% (StdDev 3.29%) |
Hourly BBV | -2.7 () |
Intraday Trend | 0% |
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