| TQQQ latest price $34.6550 (10.4%) ($33.0450 - $35.1850) on Wed. Apr. 29, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 10.83% (three month average) |
RSI | 69 |
Latest Price | $34.6550(10.4%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TQQQ advances 2.1% a day on average for past five trading days. |
Weekly Trend | TQQQ advances 5.4% 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(18%) VUG(17%) IWF(16%) VFMO(16%) IVW(15%) |
Factors Impacting TQQQ price | TQQQ will decline at least -5.415% in a week (0% probabilities). VIXM(-11%) 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 | -5.415% (StdDev 10.83%) |
Hourly BBV | 1.7 () |
Intraday Trend | 3.4% |
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