| TQQQ latest price $107.0900 (0.07%) ($107.0900 - $107.0900) on Mon. Apr. 12, 2021. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 4.41% (three month average) |
RSI | 70 |
Latest Price | $107.0900(0.07%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TQQQ advances 1% a day on average for past five trading days. |
Weekly Trend | TQQQ advances 9.4% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Growth stock sell-off 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 -2.205% in a week (0% probabilities). VIXM(-63%) UUP(-32%) VXX(-22%) TBT(-5%) IGOV(3%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -2.205% (StdDev 4.41%) |
Hourly BBV | 1.2 () |
Intraday Trend | 0% |
| |
|
|