| TQQQ latest price $103.7900 (2.8%) ($103.7900 - $103.8600) on Thu. Feb. 4, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.35% (three month average) |
RSI | 63 |
Latest Price | $103.7900(2.8%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TQQQ advances 1.4% a day on average for past five trading days. |
Weekly Trend | TQQQ advances 3.2% 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) VUG(92%) XLK(90%) VT(84%) XLY(84%) XLC(81%) |
Factors Impacting TQQQ price | TQQQ will decline at least -1.675% in a week (0% probabilities). VIXM(-63%) UUP(-33%) VXX(-23%) TBT(-7%) IGOV(-3%) |
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 | -1.675% (StdDev 3.35%) |
Hourly BBV | 1.8 () |
Intraday Trend | 0% |
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