| TQQQ latest price $92.5300 (4.34%) ($89.8000 - $93.0350) on Tue. Jan. 19, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.86% (three month average) |
RSI | 54 |
Latest Price | $92.5300(4.34%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TQQQ advances 0.4% a day on average for past five trading days. |
Weekly Trend | TQQQ advances 0.8% a week on average for past two weeks. |
Market Behavior | Growth 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(6%) UUP(5%) ARKG(3%) ARKK(3%) |
Factors Impacting TQQQ price | TQQQ will decline at least -1.93% in a week (0% probabilities). UNG(-8%) XOP(-7%) XLE(-7%) IGOV(-7%) EWJ(-7%) |
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 | -1.93% (StdDev 3.86%) |
Hourly BBV | 1.3 () |
Intraday Trend | 2% |
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