| TQQQ latest price $30.9700 (1.18%) ($30.2000 - $31.1800) on Wed. Jun. 19, 2019. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.14% (three month average) |
RSI | 67 |
Latest Price | $30.9700(1.18%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TQQQ advances 1.5% a day on average for past five trading days. |
Weekly Trend | TQQQ advances 8.3% a week on average for past two weeks. |
Market Behavior | Growth stock 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%) IWF(42%) SPY(42%) VT(42%) |
Factors Impacting TQQQ price | TQQQ will decline at least -1.57% 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 | -1.57% (StdDev 3.14%) |
Hourly BBV | 0 () |
Intraday Trend | 0.7% |
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