| TQQQ latest price $39.3300 (2.54%) ($39.3300 - $39.3300) on Tue. Jun. 13, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.23% (three month average) |
RSI | 80 |
Latest Price | $39.3300(2.54%) |
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 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(96%) XLK(95%) SPY(92%) |
Factors Impacting TQQQ price | TQQQ will decline at least -1.615% in a week (0% probabilities). VXX(-62%) VIXM(-59%) UUP(-31%) TBT(-29%) USO(-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 | -1.615% (StdDev 3.23%) |
Hourly BBV | 1.3 () |
Intraday Trend | 0% |
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