| TQQQ latest price $35.5700 (-0.57%) ($35.3200 - $36.3800) on Tue. Oct. 2, 2018. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.25% (three month average) |
RSI | 63 |
Latest Price | $35.5700(-0.57%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TQQQ advances 0.5% a day on average for past five trading days. |
Weekly Trend | TQQQ advances 2.2% a week on average for past two weeks. |
Market Behavior | Rotation from growth to value 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 -1.125% 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 | -1.125% (StdDev 2.25%) |
Hourly BBV | 0 () |
Intraday Trend | -0.3% |
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