| TQQQ latest price $32.8400 (-4.37%) ($32.6550 - $33.2700) on Thu. Jul. 26, 2018. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.37% (three month average) |
RSI | 67 |
Latest Price | $32.8400(-4.37%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TQQQ advances 0.3% a day on average for past five trading days. |
Weekly Trend | TQQQ advances 2.4% a week on average for past two weeks. |
Market Behavior | Rotation from growth to value for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support TQQQ advance at 0% a week (0% probability) XLK(50%) IWF(48%) SPY(48%) VUG(48%) IVW(47%) |
Factors Impacting TQQQ price | TQQQ will decline at least -1.185% in a week (0% probabilities). UUP(-30%) TLT(-16%) VIXM(-14%) VXX(-13%) BWX(-4%) |
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 | -1.185% (StdDev 2.37%) |
Hourly BBV | 0 () |
Intraday Trend | -0.4% |
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