| TQQQ latest price $32.2500 (0.84%) ($31.5000 - $32.2950) on Mon. Apr. 22, 2019. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.32% (three month average) |
RSI | 85 |
Latest Price | $32.2500(0.84%) |
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 2.8% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Value stock sell-off for small cap. |
Correlated ETFs | Broad market will support TQQQ advance at 0% a week (0% probability) XLK(45%) DIA(44%) SPY(43%) VT(43%) IVW(42%) |
Factors Impacting TQQQ price | TQQQ will decline at least -1.16% in a week (0% probabilities). UUP(-33%) TLT(-15%) VXX(-11%) VIXM(-8%) 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 | -1.16% (StdDev 2.32%) |
Hourly BBV | 0 () |
Intraday Trend | 2.1% |
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