| TQQQ latest price $48.5700 (-0.36%) ($48.5700 - $48.5700) on Thu. Dec. 14, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.12% (three month average) |
RSI | 70 |
Latest Price | $48.5700(-0.36%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TQQQ advances 1.8% a day on average for past five trading days. |
Weekly Trend | TQQQ advances 3.6% 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(95%) VUG(94%) XLK(94%) IVE(80%) FIVG(79%) |
Factors Impacting TQQQ price | TQQQ will decline at least -1.56% in a week (0% probabilities). VIXM(-58%) VXX(-41%) UUP(-35%) EDOC(-28%) TIP(-16%) |
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 | -1.56% (StdDev 3.12%) |
Hourly BBV | 0.8 () |
Intraday Trend | 0% |
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