| TQQQ latest price $44.6400 (3.35%) ($44.6400 - $44.6400) on Mon. Nov. 20, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.38% (three month average) |
RSI | 92 |
Latest Price | $44.6400(3.35%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TQQQ advances 2% a day on average for past five trading days. |
Weekly Trend | TQQQ advances 9.9% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Growth stock rally for small cap. |
Correlated ETFs | Broad market will support TQQQ advance at 0% a week (0% probability) IWF(96%) VUG(96%) XLK(94%) IVE(85%) EWY(84%) |
Factors Impacting TQQQ price | TQQQ will decline at least -1.69% in a week (0% probabilities). UUP(-40%) VIXM(-32%) VXX(-26%) TBT(-2%) BNDX(4%) |
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 | 2.1 () |
Intraday Trend | 0% |
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