| TQQQ latest price $91.5900 (7.22%) ($87.6750 - $92.3250) on Thu. Jan. 7, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.99% (three month average) |
RSI | 61 |
Latest Price | $91.5900(7.22%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TQQQ advances 0.3% a day on average for past five trading days. |
Weekly Trend | TQQQ advances 0.9% 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(11%) SHY(7%) UUP(5%) ARKG(4%) ARKK(3%) |
Factors Impacting TQQQ price | TQQQ will decline at least -1.995% in a week (0% probabilities). UNG(-8%) XLE(-7%) IGOV(-7%) XOP(-6%) 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 | -1.995% (StdDev 3.99%) |
Hourly BBV | 1.8 () |
Intraday Trend | 4.5% |
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