| TQQQ latest price $28.2400 (5.06%) ($28.2400 - $28.2400) on Fri. Mar. 31, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.22% (three month average) |
RSI | 80 |
Latest Price | $28.2400(5.06%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TQQQ advances 2% a day on average for past five trading days. |
Weekly Trend | TQQQ advances 5.9% 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) IWF(98%) VUG(98%) IVW(95%) XLK(95%) SPY(91%) |
Factors Impacting TQQQ price | TQQQ will decline at least -2.11% in a week (0% probabilities). VXX(-63%) VIXM(-57%) UUP(-23%) TBT(-17%) SHY(-2%) |
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 | -2.11% (StdDev 4.22%) |
Hourly BBV | 1.8 () |
Intraday Trend | 0% |
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