| TQQQ latest price $88.1250 (2.05%) ($86.7950 - $88.3375) on Thu. Dec. 17, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.49% (three month average) |
RSI | 72 |
Latest Price | $88.1250(2.05%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TQQQ advances 1.7% a day on average for past five trading days. |
Weekly Trend | TQQQ advances 2.1% 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(14%) SHY(6%) UUP(5%) ARKG(4%) ACES(3%) |
Factors Impacting TQQQ price | TQQQ will decline at least -2.245% in a week (0% probabilities). UNG(-8%) XOP(-7%) XLE(-7%) OIH(-6%) EWJ(-6%) |
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 | -2.245% (StdDev 4.49%) |
Hourly BBV | 1.2 () |
Intraday Trend | 0.3% |
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