| TQQQ latest price $42.8800 (0.74%) ($42.7850 - $43.0905) on Mon. Dec. 23, 2019. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.16% (three month average) |
RSI | 92 |
Latest Price | $42.8800(0.74%) |
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 5.6% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Growth stock rally for small cap. |
Correlated ETFs | Broad market will support TQQQ advance at 0% a week (0% probability) DIA(41%) XLK(41%) IWF(40%) SPLV(40%) SPY(40%) |
Factors Impacting TQQQ price | TQQQ will decline at least -1.08% in a week (0% probabilities). VIXM(-30%) 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 | -1.08% (StdDev 2.16%) |
Hourly BBV | 0.8 () |
Intraday Trend | -0.3% |
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