| TQQQ latest price $48.2900 (-3.9%) ($48.2900 - $48.2900) on Wed. Apr. 20, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.95% (three month average) |
RSI | 34 |
Latest Price | $48.2900(-3.9%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TQQQ advances 0.3% a day on average for past five trading days. |
Weekly Trend | TQQQ declines -9.3% a week on average for past two weeks. |
Market Behavior | Rotation from growth to value for large cap. Value 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 -2.975% in a week (0% probabilities). VIXM(-64%) UUP(-39%) VXX(-17%) TBT(-12%) UNG(11%) |
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 | -2.975% (StdDev 5.95%) |
Hourly BBV | -0.2 () |
Intraday Trend | 0% |
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