| TQQQ latest price $95.0250 (-8.12%) ($95.0250 - $95.0250) on Wed. Jan. 27, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.08% (three month average) |
RSI | 58 |
Latest Price | $95.0250(-8.12%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TQQQ advances 0.5% a day on average for past five trading days. |
Weekly Trend | TQQQ advances 5.6% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Broad based sell-off 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 -2.04% 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 | -2.04% (StdDev 4.08%) |
Hourly BBV | -2.5 () |
Intraday Trend | 0% |
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