| TQQQ latest price $32.5850 (2.69%) ($31.6650 - $32.6450) on Wed. Sep. 11, 2019. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.42% (three month average) |
RSI | 56 |
Latest Price | $32.5850(2.69%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TQQQ advances 1.3% a day on average for past five trading days. |
Weekly Trend | TQQQ advances 4.7% 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(42%) XLK(42%) SPY(41%) VT(41%) IVW(40%) |
Factors Impacting TQQQ price | TQQQ will decline at least -1.71% in a week (0% probabilities). VIXM(-31%) TLT(-13%) VXX(-12%) BWX(-4%) 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 | -1.71% (StdDev 3.42%) |
Hourly BBV | 0 () |
Intraday Trend | 2.2% |
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