| TQQQ latest price $44.1600 (-0.56%) ($44.1600 - $44.1600) on Wed. Nov. 29, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.09% (three month average) |
RSI | 75 |
Latest Price | $44.1600(-0.56%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TQQQ advances 0.1% a day on average for past five trading days. |
Weekly Trend | TQQQ advances 4.5% 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(95%) XLK(94%) EWY(81%) IVE(79%) |
Factors Impacting TQQQ price | TQQQ will decline at least -1.545% in a week (0% probabilities). VIXM(-53%) EDOC(-43%) UUP(-35%) VXX(-33%) BNDX(-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 | -1.545% (StdDev 3.09%) |
Hourly BBV | -0.3 () |
Intraday Trend | 0% |
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