Analyzing TQQQ: Navigating Current Trends and Anticipating Future Market Moves.



The daily trend of TQQQ has been in the bullish zone for the past eight days. Since last Thursday, there has been a corrective trend for about 4 days after a shift from the uptrend. Particularly, today started with a significant increase in selling pressure from the opening, unlike the previous day's flow, starting at a lower opening price. Although there was a sharp change in buying/selling intensity at the opening, the selling pressure weakened and the buying pressure gradually stabilized, leading to a significant recovery in the downtrend by the closing, returning to a gentle corrective trend.

In the short term, it appears that this buying momentum is likely to continue, indicating a potential entry into an upward trend over the next 2-3 days. However, due to the uncertain supply and demand conditions, the actual upward movement might differ from the predicted trend. If the market opens low again, there is a high possibility that buying pressure will increase, leading to a recovery in the downtrend. In general, there seems to be a short-term trend supported by buying pressure.

Looking at the trend for the next week, it is currently predicted that there is a possible continuation of the upward trend, although this trend is subject to significant changes. Especially, with the corrective trend expected to start from this Friday and the beginning of next week, there is a high probability that selling pressure will be stronger, and buying pressure will weaken further. This suggests a high likelihood of an overall downward trend and a potential entry into the bearish zone. Concrete confirmation of these predictions is likely to be possible within the next few days.

The current situation is marked by high volatility in predictions. Given the 89% similarity with the U.S. stock market, it can be assumed that it moves almost identically to the market trends. Considering the anticipated similar market environment and direction as mentioned above, it seems prudent to prepare investment strategies in the latter part of this week to counter the impending downtrend in the following week.


Oct 17, 2023

Closed price

38.30

-0.96%

 

 

Appropriate Investment Position: Bullish-Buy [Long-term strategy]

Today's stock price Buy-Sell intensity analysis

The current trend appears to be 'Entering an uptrend'. The OPEN-price started with a stronger decline rate than the current trend and The HIGH and LOW prices are showing a weaker HIGH-price and a stronger LOW-price Finally, the CLOSE-price closed with a weaker decline rate than the current trend.

The overall buy-sell intensity indicates that the sell intensity is stronger than the buy.

Assuming that the average sell intensity is -100%,

Today's sell intensity is

-138%

 

 

Tomorrow's stock price Buy-Sell intensity Prediction

Based on recent stock trends and technical analysis, it looks like TQQQ stock is poised for an Uptrend tomorrow

The %intensity of Risk & Return tomorrow :

100%

HIGH ~ LOW % range tomorrow :

4.4%

0.4%

Predicted Average return over the next 3 days:

9.1%

The price of TQQQ stock moves in line with the rise and fall of the stock market index with a probability of

89%

 

, and conversely, it moves against the stock market index trend with a probability of

11%

 

because of the high similarity, the predicted flow might change depending on the flow of the stock market index. If any changes are made, the stock flow of the 10-day forecast may also change.

TQQQ stock price 10 Day prediction [Short-term strategy]

It is expected that the overall trend movement over the next 10 days will follow a strong upward direction, with a ratio of 3 : 7 for the downward to upward direction, indicating a higher proportion of the upward trend. And, in terms of the expected strength of the upward and downward movements, the upward strength is higher, while the downward strength is moderate. Currently, it's about to begin an uptrend as a correction trend gradually transitions to small declines and strong rises. but When the stock market opened, the Buy-Sell intensity had turned into a stronger selling flow.

Indicating that We are currently in a bullish zone. Therefore, it is recommended to implement a strategy to increase profits and take a suitable investing position. A suitable investing position is 'Buy(Bullish) and Hold' for now. The appropriate buying timing is predicted to be either today or tomorrow.

The buying date is

Oct 18

 

 

A good price to buy a stock:

$ 38.46

And the appropriate selling timing is predicted to be in 2 days.

 

The selling date is

Oct 18

to

Oct 19

A good price to sell a stock:

$ 40.71

(Prediction may shift due to changes in the Buy-Sell intensity)

Volatility of Prediction

Due to sudden changes in Buy-Sell intensity that can cause instability in trend linkage, pretiming predictions can be highly volatile.

Prediction the turning point of the trend

The probability of a trend reversal occurring Today and approximately 4 days from now, 7 days from now

50%

Prediction of Upper~Lower price range over the next 10 days

Price:

37.15

~

42.60

% Change:

-3.0%

~

11.2%

Median price between the upper and lower prices

39.87

4.1%

Analysis of the trend zone & level% and average intensity of trends

For the last 30 days, the average trend zone & level%

Bearish

-5%

The Current trend zone & level%

Bullish

43%

The expected average trend zone & level% for the next 10 days

Bullish

66%

If the trend moves upward from the current trend level%, it's expected to have an average upward strength of

75%

(Max 100%)

And if it moves downward, it is expected to have a downward strength of

-36%

(Min -100%)

Prediction the intensity of the trend and the range of the HIGH ~ LOW

Trend

%Intensity

HIGH

LOW

In 1 day: Uptrend

100%

4.4%

0.4%

In 2 days: Entering a correction trend

87%

3.0%

0.5%

In 3 days: Entering a correction trend

-48%

0.2%

-2.1%

In 4 days: Entering a correction trend

-39%

0.5%

-1.6%

In 5 days: Correction trend

-45%

0.1%

-2.7%

In 6 days: Entering an uptrend

-48%

0.1%

-1.9%

In 7 days: Entering an uptrend

-1%

1.2%

-0.1%

In 8 days: Uptrend

76%

4.1%

0.3%

In 9 days: Uptrend

75%

3.6%

0.2%

In 10 days: Uptrend

39%

2.1%

-0.4%

Average closing price in case of rising:

 

2.6%

=> HIGH ~ LOW range:

3.4%

~

-0.9%

Average closing price in case of falling:

 

-1.8%

=> HIGH ~ LOW range:

1.2%

~

-3.2%

The 10-day prediction and technical analysis of TQQQ stock are conducted based on the analysis of buy-sell intensity by the pretiming analysis. This analysis provides detailed information on various aspects, including the best stocks to buy, stock price targets, and investment strategies. It also includes bearish and bullish stock trend analysis as well as stock technical analysis.


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