| TQQQ latest price $29.1950 (1.64%) ($28.8900 - $29.4150) on Thu. Jun. 13, 2019. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.1% (three month average) |
RSI | 58 |
Latest Price | $29.1950(1.64%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TQQQ advances 1.9% a day on average for past five trading days. |
Weekly Trend | TQQQ advances 4.8% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support TQQQ advance at 0% a week (0% probability) XLK(44%) DIA(43%) SPY(43%) IWF(42%) VT(42%) |
Factors Impacting TQQQ price | TQQQ will decline at least -1.55% in a week (0% probabilities). TLT(-14%) VXX(-13%) BWX(-4%) IGOV(-2%) UNG(-1%) |
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 | -1.55% (StdDev 3.1%) |
Hourly BBV | 0 () |
Intraday Trend | 0.4% |
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