| TQQQ latest price $28.0850 (5.7%) ($26.9100 - $28.4595) on Fri. Jun. 7, 2019. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.16% (three month average) |
RSI | 44 |
Latest Price | $28.0850(5.7%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TQQQ advances 2.4% a day on average for past five trading days. |
Weekly Trend | TQQQ declines -4.2% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Growth stock rally for small cap. |
Correlated ETFs | Broad market will support TQQQ advance at 0% a week (0% probability) XLK(44%) DIA(43%) SPY(43%) IVW(42%) IWF(42%) |
Factors Impacting TQQQ price | TQQQ will decline at least -1.58% in a week (0% probabilities). VIXM(-15%) TLT(-14%) VXX(-13%) BWX(-4%) IGOV(-2%) |
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 | -1.58% (StdDev 3.16%) |
Hourly BBV | 0 () |
Intraday Trend | 4% |
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