| TQQQ latest price $103.3100 (2.78%) ($96.8000 - $105.0682) on Mon. Jan. 25, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.98% (three month average) |
RSI | 62 |
Latest Price | $103.3100(2.78%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TQQQ advances 2.6% a day on average for past five trading days. |
Weekly Trend | TQQQ advances 4.6% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support TQQQ advance at 0% a week (0% probability) EDOC(11%) SHY(7%) UUP(5%) ARKG(3%) ARKK(3%) |
Factors Impacting TQQQ price | TQQQ will decline at least -1.99% in a week (0% probabilities). UNG(-8%) XLE(-7%) IGOV(-7%) EWJ(-7%) XOP(-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 | -1.99% (StdDev 3.98%) |
Hourly BBV | 0.7 () |
Intraday Trend | -0.4% |
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