| TQQQ latest price $53.1750 (6.5%) ($53.1750 - $53.1750) on Fri. Mar. 18, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 8.79% (three month average) |
RSI | 51 |
Latest Price | $53.1750(6.5%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TQQQ advances 5% a day on average for past five trading days. |
Weekly Trend | TQQQ declines -3% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Growth stock rally for small cap. |
Correlated ETFs | Broad market will support TQQQ advance at 0% a week (0% probability) VUG(98%) XLK(97%) VT(91%) XLY(91%) XLC(89%) |
Factors Impacting TQQQ price | TQQQ will decline at least -4.395% in a week (0% probabilities). VIXM(-65%) UUP(-39%) VXX(-17%) TBT(-12%) EDOC(-1%) |
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 | -4.395% (StdDev 8.79%) |
Hourly BBV | 1.7 () |
Intraday Trend | 0% |
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