| TQQQ latest price $35.0250 (2.13%) ($33.9000 - $35.0250) on Wed. Jul. 24, 2019. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.11% (three month average) |
RSI | 61 |
Latest Price | $35.0250(2.13%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TQQQ advances 0.9% a day on average for past five trading days. |
Weekly Trend | TQQQ advances 1.2% 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) DIA(43%) XLK(43%) SPY(42%) VT(42%) IVW(41%) |
Factors Impacting TQQQ price | TQQQ will decline at least -1.555% in a week (0% probabilities). VIXM(-32%) TLT(-14%) VXX(-13%) BWX(-5%) 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 | -1.555% (StdDev 3.11%) |
Hourly BBV | 0 () |
Intraday Trend | 3.3% |
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