| TQQQ latest price $37.4800 (0.66%) ($37.4800 - $37.4800) on Thu. Aug. 18, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.66% (three month average) |
RSI | 66 |
Latest Price | $37.4800(0.66%) |
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 5.5% a week on average for past two weeks. |
Market Behavior | Normal 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(96%) VT(89%) XLC(88%) XLY(88%) |
Factors Impacting TQQQ price | TQQQ will decline at least -2.83% in a week (0% probabilities). VIXM(-56%) UUP(-42%) TBT(-17%) VXX(-16%) EDOC(-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 | -2.83% (StdDev 5.66%) |
Hourly BBV | 0 () |
Intraday Trend | 0% |
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