| TQQQ latest price $47.0450 (2.29%) ($47.0450 - $47.0550) on Tue. Dec. 12, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.1% (three month average) |
RSI | 66 |
Latest Price | $47.0450(2.29%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TQQQ advances 1.7% a day on average for past five trading days. |
Weekly Trend | TQQQ advances 1% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support TQQQ advance at 0% a week (0% probability) IWF(96%) VUG(95%) XLK(95%) EWY(82%) IVE(82%) |
Factors Impacting TQQQ price | TQQQ will decline at least -1.55% in a week (0% probabilities). VIXM(-66%) UUP(-37%) XLE(-7%) ACES(-5%) TIP(-2%) |
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 | -1.55% (StdDev 3.1%) |
Hourly BBV | 1.7 () |
Intraday Trend | 0% |
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