| TQQQ latest price $44.3900 (1.22%) ($44.3900 - $44.3900) on Wed. Nov. 22, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.34% (three month average) |
RSI | 84 |
Latest Price | $44.3900(1.22%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TQQQ advances 0.6% a day on average for past five trading days. |
Weekly Trend | TQQQ advances 7.3% a week on average for past two weeks. |
Market Behavior | Value stock 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(96%) VUG(96%) XLK(94%) IVE(85%) EWY(84%) |
Factors Impacting TQQQ price | TQQQ will decline at least -1.67% in a week (0% probabilities). UUP(-40%) VIXM(-33%) VXX(-26%) TBT(-2%) BNDX(4%) |
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 | -1.67% (StdDev 3.34%) |
Hourly BBV | 0.5 () |
Intraday Trend | 0% |
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