| TQQQ latest price $111.6900 (5.14%) ($111.6900 - $111.7100) on Thu. Apr. 15, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.48% (three month average) |
RSI | 84 |
Latest Price | $111.6900(5.14%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TQQQ advances 1.2% a day on average for past five trading days. |
Weekly Trend | TQQQ advances 10.7% 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 -2.24% 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. |
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Relative Volatility | (options are extremely cheap) |
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Market Trend Strength | -2.24% (StdDev 4.48%) |
Hourly BBV | 0.3 () |
Intraday Trend | 0% |
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