| TQQQ latest price $44.3050 (0.88%) ($44.3050 - $44.3050) on Fri. Dec. 1, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.12% (three month average) |
RSI | 76 |
Latest Price | $44.3050(0.88%) |
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 2.3% a week on average for past two weeks. |
Market Behavior | Broad based rally 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%) IVE(79%) EWY(78%) |
Factors Impacting TQQQ price | TQQQ will decline at least -1.56% in a week (0% probabilities). VIXM(-62%) VXX(-39%) UUP(-36%) BNDX(-6%) JETS(-1%) |
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 | -1.56% (StdDev 3.12%) |
Hourly BBV | 0.5 () |
Intraday Trend | 0% |
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