| TQQQ latest price $50.3050 (2%) ($50.3050 - $50.3050) on Mon. Dec. 18, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.05% (three month average) |
RSI | 73 |
Latest Price | $50.3050(2%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TQQQ advances 1.8% a day on average for past five trading days. |
Weekly Trend | TQQQ advances 5.8% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support TQQQ advance at 0% a week (0% probability) XLK(97%) IWF(96%) VUG(94%) DIA(89%) XLP(87%) |
Factors Impacting TQQQ price | TQQQ will decline at least -1.525% in a week (0% probabilities). UUP(-37%) TIP(-13%) ACES(-3%) VCIT(8%) USO(8%) |
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 | -1.525% (StdDev 3.05%) |
Hourly BBV | 1.6 () |
Intraday Trend | 0% |
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