| TQQQ latest price $28.7400 (3.18%) ($28.7400 - $28.7400) on Wed. May. 10, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.53% (three month average) |
RSI | 60 |
Latest Price | $28.7400(3.18%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TQQQ advances 1.3% a day on average for past five trading days. |
Weekly Trend | TQQQ advances 3.1% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Growth stock 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 -1.765% in a week (0% probabilities). VXX(-64%) VIXM(-60%) UUP(-27%) TBT(-23%) BLOK(-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 | -1.765% (StdDev 3.53%) |
Hourly BBV | 2.2 () |
Intraday Trend | 0% |
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