| TQQQ latest price $50.9800 (1.34%) ($50.9800 - $50.9800) on Tue. Dec. 19, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.05% (three month average) |
RSI | 77 |
Latest Price | $50.9800(1.34%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TQQQ advances 1.6% a day on average for past five trading days. |
Weekly Trend | TQQQ advances 6.9% 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) XLK(97%) IWF(96%) IVE(94%) VUG(94%) DIA(88%) |
Factors Impacting TQQQ price | TQQQ will decline at least -1.525% in a week (0% probabilities). BND(-3%) ACES(-3%) BNDX(1%) VIXM(-68%) VXX(-53%) |
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 | 1.2 () |
Intraday Trend | 0% |
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