| TQQQ latest price $87.1650 (-1.09%) ($85.2650 - $88.9550) on Fri. Dec. 18, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.46% (three month average) |
RSI | 69 |
Latest Price | $87.1650(-1.09%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TQQQ advances 1.5% a day on average for past five trading days. |
Weekly Trend | TQQQ advances 2.4% a week on average for past two weeks. |
Market Behavior | Value stocks sell-off for large cap. Value stock sell-off 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 -2.23% in a week (0% probabilities). UNG(-8%) XOP(-7%) XLE(-7%) IGOV(-7%) OIH(-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 | -2.23% (StdDev 4.46%) |
Hourly BBV | -1.2 () |
Intraday Trend | -1.8% |
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