| TQQQ latest price $149.0500 (0.83%) ($149.0500 - $149.0500) on Wed. Oct. 27, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.65% (three month average) |
RSI | 73 |
Latest Price | $149.0500(0.83%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TQQQ advances 0.9% a day on average for past five trading days. |
Weekly Trend | TQQQ advances 7.2% a week on average for past two weeks. |
Market Behavior | Rotation from value to growth for large cap. Broad based 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 -1.325% in a week (0% probabilities). VIXM(-63%) UUP(-32%) VXX(-20%) TBT(-5%) IGOV(2%) |
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 | -1.325% (StdDev 2.65%) |
Hourly BBV | 0.7 () |
Intraday Trend | 0% |
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