| TQQQ latest price $26.2133 (1.11%) ($25.8967 - $26.2667) on Mon. Jan. 8, 2018. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.98% (three month average) |
RSI | 70 |
Latest Price | $26.2133(1.11%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TQQQ advances 2.5% a day on average for past five trading days. |
Weekly Trend | TQQQ advances 3% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Value stock rally for small cap. |
Correlated ETFs | Broad market will support TQQQ advance at 0% a week (0% probability) XLK(52%) IVW(50%) IWF(50%) SPY(50%) VUG(50%) |
Factors Impacting TQQQ price | TQQQ will decline at least -0.99% in a week (0% probabilities). UUP(-29%) VIXM(-19%) TLT(-16%) BWX(-3%) TIP(-2%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.99% (StdDev 1.98%) |
Hourly BBV | 0 () |
Intraday Trend | 1.1% |
| |
|
|