| TQQQ latest price $24.7400 (16.29%) ($21.8337 - $25.0000) on Thu. Mar. 26, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 9.85% (three month average) |
RSI | 44 |
Latest Price | $24.7400(16.29%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TQQQ advances 4.7% a day on average for past five trading days. |
Weekly Trend | TQQQ declines -19.4% 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) XLK(28%) DIA(26%) IWF(26%) SPLV(26%) SPY(26%) |
Factors Impacting TQQQ price | TQQQ will decline at least -4.925% in a week (0% probabilities). VIXM(-18%) VXX(-5%) UNG(-5%) TLT(-5%) UUP(-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 | -4.925% (StdDev 9.85%) |
Hourly BBV | 1.9 () |
Intraday Trend | 12.9% |
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