| TQQQ latest price $18.7850 (1.43%) ($17.3650 - $19.1150) on Wed. Jan. 2, 2019. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 6.1% (three month average) |
RSI | 37 |
Latest Price | $18.7850(1.43%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TQQQ advances 4.1% a day on average for past five trading days. |
Weekly Trend | TQQQ declines -8.8% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Value stock rally for small cap. |
Correlated ETFs | Broad market will support TQQQ advance at 0% a week (0% probability) XLK(46%) SPY(45%) IVW(44%) IWF(44%) VT(44%) |
Factors Impacting TQQQ price | TQQQ will decline at least -3.05% in a week (0% probabilities). UUP(-31%) TLT(-15%) VXX(-12%) VIXM(-10%) BWX(-5%) |
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 | -3.05% (StdDev 6.1%) |
Hourly BBV | 0 () |
Intraday Trend | 8% |
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