| TQQQ latest price $40.6650 (-0.32%) ($40.6650 - $40.6650) on Tue. Jun. 20, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.14% (three month average) |
RSI | 72 |
Latest Price | $40.6650(-0.32%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TQQQ advances 2.1% a day on average for past five trading days. |
Weekly Trend | TQQQ advances 6.6% 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(96%) XLK(95%) SPY(92%) |
Factors Impacting TQQQ price | TQQQ will decline at least -1.57% in a week (0% probabilities). VXX(-63%) VIXM(-59%) UUP(-31%) TBT(-27%) BLOK(-9%) |
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 | -1.57% (StdDev 3.14%) |
Hourly BBV | 0.2 () |
Intraday Trend | 0% |
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