| TQQQ latest price $43.1950 (0.28%) ($43.1950 - $43.1950) on Fri. Nov. 17, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.36% (three month average) |
RSI | 91 |
Latest Price | $43.1950(0.28%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TQQQ advances 1.2% a day on average for past five trading days. |
Weekly Trend | TQQQ advances 10.4% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support TQQQ advance at 0% a week (0% probability) IWF(97%) VUG(96%) XLK(95%) IVE(85%) FIVG(82%) |
Factors Impacting TQQQ price | TQQQ will decline at least -1.68% in a week (0% probabilities). VXX(-41%) UUP(-36%) VIXM(-28%) TBT(-12%) GLD(-6%) |
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 | -1.68% (StdDev 3.36%) |
Hourly BBV | 0.6 () |
Intraday Trend | 0% |
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