| TQQQ latest price $35.7750 (0.58%) ($35.5400 - $36.5864) on Mon. Oct. 1, 2018. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.26% (three month average) |
RSI | 61 |
Latest Price | $35.7750(0.58%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TQQQ advances 0.7% a day on average for past five trading days. |
Weekly Trend | TQQQ advances 1.9% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support TQQQ advance at 0% a week (0% probability) XLK(50%) IWF(48%) SPY(48%) IVW(47%) VT(47%) |
Factors Impacting TQQQ price | TQQQ will decline at least -1.13% in a week (0% probabilities). UUP(-30%) TLT(-16%) VIXM(-14%) VXX(-13%) IFRA(-10%) |
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 | -1.13% (StdDev 2.26%) |
Hourly BBV | 0 () |
Intraday Trend | -1.3% |
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