| TQQQ latest price $35.9200 (3.44%) ($35.9200 - $35.9200) on Thu. Jun. 1, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.36% (three month average) |
RSI | 78 |
Latest Price | $35.9200(3.44%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TQQQ advances 3.3% a day on average for past five trading days. |
Weekly Trend | TQQQ advances 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 -1.68% in a week (0% probabilities). VXX(-62%) VIXM(-59%) UUP(-29%) TBT(-27%) EDOC(-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 | -1.68% (StdDev 3.36%) |
Hourly BBV | 1.5 () |
Intraday Trend | 0% |
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