| TQQQ latest price $48.7450 (3.61%) ($48.7450 - $48.7450) on Wed. Dec. 13, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.13% (three month average) |
RSI | 69 |
Latest Price | $48.7450(3.61%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TQQQ advances 2.8% a day on average for past five trading days. |
Weekly Trend | TQQQ advances 2.5% 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(95%) EWY(82%) IVE(82%) |
Factors Impacting TQQQ price | TQQQ will decline at least -1.565% in a week (0% probabilities). VIXM(-66%) VXX(-48%) EDOC(-44%) UUP(-37%) JETS(-11%) |
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 | -1.565% (StdDev 3.13%) |
Hourly BBV | 2.1 () |
Intraday Trend | 0% |
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