| TQQQ latest price $46.4300 (2.33%) ($46.4300 - $46.4300) on Tue. Jul. 18, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.14% (three month average) |
RSI | 82 |
Latest Price | $46.4300(2.33%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TQQQ advances 2.8% a day on average for past five trading days. |
Weekly Trend | TQQQ advances 5.7% 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 -1.57% in a week (0% probabilities). VXX(-68%) VIXM(-63%) UUP(-32%) TBT(-29%) USO(-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 | -1.57% (StdDev 3.14%) |
Hourly BBV | 2.3 () |
Intraday Trend | 0% |
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