| TQQQ latest price $44.1900 (-0.45%) ($44.1900 - $44.1900) on Fri. Nov. 24, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.22% (three month average) |
RSI | 81 |
Latest Price | $44.1900(-0.45%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TQQQ advances 0.5% a day on average for past five trading days. |
Weekly Trend | TQQQ advances 6.9% 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(96%) VUG(94%) XLK(93%) IVE(79%) EWY(78%) |
Factors Impacting TQQQ price | TQQQ will decline at least -1.61% in a week (0% probabilities). VIXM(-52%) UUP(-35%) VXX(-32%) BNDX(-6%) XLE(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 | -1.61% (StdDev 3.22%) |
Hourly BBV | 0 () |
Intraday Trend | 0% |
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