| TQQQ latest price $90.5400 (-0.43%) ($88.2000 - $92.0050) on Tue. Jan. 12, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.87% (three month average) |
RSI | 58 |
Latest Price | $90.5400(-0.43%) |
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 1.8% a week on average for past two weeks. |
Market Behavior | Value stock 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 -1.935% 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 | -1.935% (StdDev 3.87%) |
Hourly BBV | -1 () |
Intraday Trend | -0.6% |
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