| TQQQ latest price $31.9550 (12.98%) ($29.6950 - $32.2000) on Tue. Apr. 14, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 10.66% (three month average) |
RSI | 69 |
Latest Price | $31.9550(12.98%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TQQQ advances 4.7% a day on average for past five trading days. |
Weekly Trend | TQQQ advances 12.1% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Growth stock rally for small cap. |
Correlated ETFs | Broad market will support TQQQ advance at 0% a week (0% probability) XLK(21%) VUG(20%) IWF(19%) VFMO(19%) IVW(18%) |
Factors Impacting TQQQ price | TQQQ will decline at least -5.33% in a week (0% probabilities). VIXM(-12%) UNG(-6%) VXX(-3%) UUP(-1%) TLT(-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 | -5.33% (StdDev 10.66%) |
Hourly BBV | 1.6 () |
Intraday Trend | 6.4% |
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