| TQQQ latest price $19.2200 (5.03%) ($19.2200 - $19.2200) on Wed. Jan. 11, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.62% (three month average) |
RSI | 55 |
Latest Price | $19.2200(5.03%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TQQQ advances 2.6% a day on average for past five trading days. |
Weekly Trend | TQQQ advances 0.1% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support TQQQ advance at 0% a week (0% probability) QQQ(99%) IWF(97%) VUG(97%) XLK(95%) IVW(93%) |
Factors Impacting TQQQ price | TQQQ will decline at least -2.81% in a week (0% probabilities). VIXM(-55%) UUP(-25%) VXX(-18%) EDOC(-18%) TBT(-13%) |
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 | -2.81% (StdDev 5.62%) |
Hourly BBV | 1.5 () |
Intraday Trend | 0% |
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