| TQQQ latest price $22.7550 (4%) ($22.7550 - $22.8050) on Tue. Jan. 31, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.31% (three month average) |
RSI | 72 |
Latest Price | $22.7550(4%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TQQQ advances 1% a day on average for past five trading days. |
Weekly Trend | TQQQ advances 7.4% 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%) VUG(98%) IWF(97%) XLK(95%) IVW(93%) |
Factors Impacting TQQQ price | TQQQ will decline at least -2.655% in a week (0% probabilities). VIXM(-55%) UUP(-22%) VXX(-19%) TBT(-15%) IGOV(-5%) |
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 | -2.655% (StdDev 5.31%) |
Hourly BBV | -0 () |
Intraday Trend | 0% |
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