| TQQQ latest price $90.9000 (0.78%) ($89.1650 - $91.2400) on Thu. Dec. 31, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.13% (three month average) |
RSI | 80 |
Latest Price | $90.9000(0.78%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TQQQ advances 1.1% a day on average for past five trading days. |
Weekly Trend | TQQQ advances 3.8% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Growth stock sell-off for small cap. |
Correlated ETFs | Broad market will support TQQQ advance at 0% a week (0% probability) EDOC(11%) SHY(6%) UUP(5%) ARKG(4%) ARKK(3%) |
Factors Impacting TQQQ price | TQQQ will decline at least -2.065% 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 | -2.065% (StdDev 4.13%) |
Hourly BBV | 0.6 () |
Intraday Trend | 0.8% |
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