| TQQQ latest price $45.2300 (5.47%) ($45.2300 - $45.2300) on Fri. Jul. 28, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.13% (three month average) |
RSI | 70 |
Latest Price | $45.2300(5.47%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TQQQ advances 1.2% a day on average for past five trading days. |
Weekly Trend | TQQQ advances 1.4% 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(93%) |
Factors Impacting TQQQ price | TQQQ will decline at least -1.565% in a week (0% probabilities). VXX(-69%) VIXM(-65%) UUP(-29%) TBT(-27%) USO(-5%) |
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 | -1.565% (StdDev 3.13%) |
Hourly BBV | 1 () |
Intraday Trend | 0% |
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