| TQQQ latest price $40.3700 (-0.88%) ($40.3700 - $40.3700) on Mon. Nov. 13, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.38% (three month average) |
RSI | 63 |
Latest Price | $40.3700(-0.88%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TQQQ advances 1.3% a day on average for past five trading days. |
Weekly Trend | TQQQ advances 10.3% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support TQQQ advance at 0% a week (0% probability) IWF(97%) VUG(96%) XLK(95%) FIVG(82%) IVE(82%) |
Factors Impacting TQQQ price | TQQQ will decline at least -1.69% in a week (0% probabilities). EDOC(-67%) VXX(-38%) UUP(-34%) VIXM(-24%) TBT(-14%) |
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 | -1.69% (StdDev 3.38%) |
Hourly BBV | 1 () |
Intraday Trend | 0% |
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