| TQQQ latest price $37.6200 (-3.22%) ($37.0150 - $38.8950) on Mon. Dec. 2, 2019. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.33% (three month average) |
RSI | 60 |
Latest Price | $37.6200(-3.22%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TQQQ advances 0.3% a day on average for past five trading days. |
Weekly Trend | TQQQ advances 2.1% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support TQQQ advance at 0% a week (0% probability) DIA(42%) XLK(42%) IWF(40%) SPLV(40%) SPY(40%) |
Factors Impacting TQQQ price | TQQQ will decline at least -1.165% in a week (0% probabilities). VIXM(-30%) TLT(-13%) VXX(-12%) BWX(-4%) UNG(-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 | -1.165% (StdDev 2.33%) |
Hourly BBV | 0 () |
Intraday Trend | -3.2% |
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