| TQQQ latest price $107.0150 (1.8%) ($107.0150 - $107.1400) on Fri. Apr. 9, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.42% (three month average) |
RSI | 74 |
Latest Price | $107.0150(1.8%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TQQQ advances 2.2% a day on average for past five trading days. |
Weekly Trend | TQQQ advances 9.1% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support TQQQ advance at 0% a week (0% probability) VUG(92%) XLK(90%) VT(84%) XLY(83%) XLC(81%) |
Factors Impacting TQQQ price | TQQQ will decline at least -2.21% in a week (0% probabilities). VIXM(-62%) UUP(-33%) VXX(-22%) TBT(-5%) 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 | -2.21% (StdDev 4.42%) |
Hourly BBV | 1.3 () |
Intraday Trend | 0% |
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