| TQQQ latest price $71.0800 (-6.1%) ($70.7400 - $79.1900) on Mon. Nov. 9, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.51% (three month average) |
RSI | 53 |
Latest Price | $71.0800(-6.1%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TQQQ advances 3.6% a day on average for past five trading days. |
Weekly Trend | TQQQ advances 2.3% a week on average for past two weeks. |
Market Behavior | Rotation from growth to value for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support TQQQ advance at 0% a week (0% probability) EDOC(9%) SHY(6%) ARKG(5%) ARKK(5%) IGOV(5%) |
Factors Impacting TQQQ price | TQQQ will decline at least -2.755% in a week (0% probabilities). UNG(-9%) XOP(-7%) XLE(-7%) OIH(-6%) IVE(-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 | -2.755% (StdDev 5.51%) |
Hourly BBV | -1.4 () |
Intraday Trend | -8.7% |
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