| TQQQ latest price $77.1300 (9.33%) ($73.4300 - $79.3650) on Mon. Oct. 12, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.13% (three month average) |
RSI | 65 |
Latest Price | $77.1300(9.33%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TQQQ advances 3.1% a day on average for past five trading days. |
Weekly Trend | TQQQ advances 6.8% 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) EDOC(10%) ARKG(7%) ARKK(6%) IBB(6%) SHY(6%) |
Factors Impacting TQQQ price | TQQQ will decline at least -2.565% in a week (0% probabilities). UNG(-8%) XOP(-5%) XLE(-5%) OIH(-5%) DRIV(-5%) |
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 | -2.565% (StdDev 5.13%) |
Hourly BBV | 1.5 () |
Intraday Trend | 3.9% |
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