| TQQQ latest price $25.2500 (2.39%) ($25.2500 - $25.2500) on Thu. Mar. 23, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.37% (three month average) |
RSI | 57 |
Latest Price | $25.2500(2.39%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TQQQ advances 0.2% a day on average for past five trading days. |
Weekly Trend | TQQQ advances 5.1% a week on average for past two weeks. |
Market Behavior | Value stocks sell-off for large cap. Value stock sell-off for small cap. |
Correlated ETFs | Broad market will support TQQQ advance at 0% a week (0% probability) IWF(98%) VUG(98%) IVW(95%) XLK(95%) SPY(90%) |
Factors Impacting TQQQ price | TQQQ will decline at least -2.185% in a week (0% probabilities). VXX(-63%) VIXM(-56%) UUP(-21%) TBT(-13%) SHY(-8%) |
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 | -2.185% (StdDev 4.37%) |
Hourly BBV | -1.3 () |
Intraday Trend | 0% |
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