TQQQ: Weekly Forecast Navigating Near-Term Challenges for Long-Term Gains


The weekly trend of TQQQ entered the Bullish zone five weeks ago, and a favorable upward trend is ongoing, consistently pushing the highs higher. Based on the direction of the trend, it has maintained an upward flow for the seventh consecutive week. In the short term, it is expected that from next week onwards, the buying momentum will gradually weaken, indicating a potential entry into a correction trend. This trend is expected to transition to an overall correction trend by early to mid-January, about two weeks later. Subsequently, a trend indicating a return to an upward trajectory is anticipated.

In the short term, the flow is expected to fluctuate around the resistance level of $50, serving as a short-term peak. Over the next few weeks, buying strength is expected to be weak, and selling pressure may temporarily intensify. This forecast suggests that there will be periods of weaker buying and temporary strengthening of selling pressure in the coming weeks.



Dec 11, 2023

◆ Closed price

49.24

9.84%

　

　

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

◆ This week's stock price Buy-Sell intensity analysis

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

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

Assuming that the average buy intensity is 100%,

This week's buy intensity is

157%

 

 

◆ Next week's stock price Buy-Sell intensity Prediction

Based on recent stock trends and technical analysis, it looks like TQQQ stock will enter an Correction trend next week

The %intensity of Risk & Return next week :

14%

HIGH ~ LOW % range next week :

1.9%

-2.6%

Predicted Average loss over the next 3 weeks:

-8.8%

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

94%

 

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

6%

 

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-week forecast may also change.

◆ TQQQ stock price 10 Week prediction [Short-term strategy]

It is expected that the overall trend movement over the next 10 weeks will follow a strong upward direction, with a ratio of 5 : 5 for the downward to upward direction, with the proportion of the upward and downward trend being equal. 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 in the midst of a strong uptrend in prices, marked by brief declines and strong rises. and The Buy-Sell intensity has changed from a weak buying flow to a strengthening buying flow again.

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 selling timing is predicted to be this week or next week.

The selling date is

Dec 18

 

 

A good price to sell a stock:

$ 50.10

And the appropriate buying timing is predicted to be in 4 weeks.

The buying date is

Jan 01

to

Jan 08

A good price to buy a stock:

$ 45.54

(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.

◆ Predicting the Turning Point of the Trend

The probability of a trend reversal occurring approximately 2 weeks from now, 7 weeks from now

 

◆ Prediction of Upper~Lower price range over the next 10 weeks

Price:

46.33

~

58.36

% Change:

-5.9%

~

18.5%

Median price between the upper and lower prices

52.35

6.3%

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

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

Bullish

29%

The Current trend zone & level%

Bullish

87%

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

Bullish

74%

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

69%

(Max 100%)

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

-47%

(Min -100%)

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

Trend

%Intensity

HIGH

LOW

In 1 week: Entering a correction trend

14%

1.9%

-2.6%

In 2 weeks: Entering a correction trend

-50%

0.1%

-3.9%

In 3 weeks: Correction trend

-50%

0.7%

-7.0%

In 4 weeks: Correction trend

-50%

0.3%

-4.2%

In 5 weeks: Correction trend

54%

4.3%

-3.7%

In 6 weeks: Entering an uptrend

86%

9.3%

-0.4%

In 7 weeks: Entering an uptrend

91%

10.9%

0.4%

In 8 weeks: Uptrend

82%

8.3%

0.4%

In 9 weeks: Entering a correction trend

88%

7.6%

0.3%

In 10 weeks: Entering a correction trend

-38%

0.8%

-3.4%

◆ Average closing price in case of rising:

 

7.1%

=> HIGH ~ LOW range:

9.3%

~

-3.7%

◆ Average closing price in case of falling:

 

-4.8%

=> HIGH ~ LOW range:

4.3%

~

-9.0%

The 10-week 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.


Comments

Post a Comment

Popular Posts

S&P500. Anticipating the Rebound: Strategic Analysis for S&P 500's Trend Reversal.

Image
Jul 24, 2024       S&P 500 closing price 5,427.1 -2.31%             ◆ [Long-term strategy] The current trend zone is Bearish, and Investment position suitable for the trend zone is Sell and Observe.         The trend within a Bearish zone is divided into a 'Downtrend' in the downward direction and a 'Rebound Trend' in the upward direction. In the Downtrend, there is a strong downward flow with occasional upward movements, while in the Rebound Trend, there is a fluctuating flow involving limited or temporary upward movements and downward fluctuations. Investing in this zone is associated with low expected returns and a higher risk of decline.         In a Bearish zone, there is potential for strong selling pressure to persist, resulting in a pronounced downward trend and a relatively weak upward rebound trend. When considering a medium to long-term investment strategy, if the trend moves
Read more

NASDAQ.Technical Analysis and Investment Strategy for NASDAQ: Bearish Zone Insights and Short-Term Predictions.

Image
Jul 22, 2024       NASDAQ closing price 18,004.6 1.57%             ◆ [Long-term strategy] The current trend zone is Bearish, and Investment position suitable for the trend zone is Sell and Observe.         The trend within a Bearish zone is divided into a 'Downtrend' in the downward direction and a 'Rebound Trend' in the upward direction. In the Downtrend, there is a strong downward flow with occasional upward movements, while in the Rebound Trend, there is a fluctuating flow involving limited or temporary upward movements and downward fluctuations. Investing in this zone is associated with low expected returns and a higher risk of decline.         In a Bearish zone, there is potential for strong selling pressure to persist, resulting in a pronounced downward trend and a relatively weak upward rebound trend. When considering a medium to long-term investment strategy, if the trend moves in
Read more

TQQQ. Stock Update: Bullish Trends and Long-Term Investment Tips.

Image
  Jun 24, 2024 TQQQ stock closing price 73.8 -0.40%             ◆ [Long-term strategy] The current trend zone is Bullish and Investment position suitable for the trend zone is Buy and Hold.         The trend within a Bullish zone is divided into an 'Uptrend' in the upward direction and a 'Correction Trend' in the downward direction. In the Uptrend, there is a strong upward flow with occasional downward movements, while in the Correction Trend, there is a fluctuating flow involving limited or temporary downward movements and upward fluctuations. Investing in this zone is associated with high expected returns and a low risk of decline.         In a Bullish zone, the potential for strong buying pressure is maintained, leading to a robust upward trend and a relatively mild correction trend. When viewed through a medium to long-term investment approach, if the trend continues to move in the Bullish zone, o
Read more

= Pretiming Premium =

Subscribe to Pretiming Premium Service (P retiming analysis is based on stock price data from the last 120 days / weeks. If there are not enough data, it cannot be analyzed. ) 1. Subscribe for a 25-day subscription: Daily Pretiming Analysis Report on the Stocks of Your Choice. The cost per stock is $50.   - Application form:      Symbol  or company  / Y our e-mail      ex) AAPL / e-mail    - You will receive a pretiming analysis report for your requested stock via e-mail.   -  Payment by paypal       =>  https://www.paypal.me/pretiming         Application Info: Please indicate on PayPal at checkout or let us know via e-mail(pretiming@gmail. com or Using form 'Contact Us') 2. Subscribe for a 25-week subscription: Weekly Pretiming Analysis Report for the Stocks of Your Choice and Weekly US Market Analysis. The cost per stock is $250.   -  Application form:       Symbol  or company  / Y our e-mail      ex) TSLA / e-mail    - You will receive a pretiming analysis
Read more

TQQQ. Summary of Technical Analysis and Investment Strategy for TQQQ Stock (July 22, 2024)

Image
Jul 22, 2024       TQQQ stock closing price 74.2 4.36%             ◆ [Long-term strategy] The current trend zone is Bearish, and Investment position suitable for the trend zone is Sell and Observe.         The trend within a Bearish zone is divided into a 'Downtrend' in the downward direction and a 'Rebound Trend' in the upward direction. In the Downtrend, there is a strong downward flow with occasional upward movements, while in the Rebound Trend, there is a fluctuating flow involving limited or temporary upward movements and downward fluctuations. Investing in this zone is associated with low expected returns and a higher risk of decline.         In a Bearish zone, there is potential for strong selling pressure to persist, resulting in a pronounced downward trend and a relatively weak upward rebound trend. When considering a medium to long-term investment strategy, if the trend moves in
Read more

SOXL Stock: A Comprehensive Investment Analysis for July 2024

Image
SOXL Stock: A Comprehensive Investment Analysis for July 2024 SOXL, the Direxion Daily Semiconductor Bull 3x Shares ETF, is currently exhibiting a bullish trend, making it an attractive option for both long-term and short-term investors. As of July 3, 2024, the stock closed at $60.4, marking a 4.84% increase. This article delves into the detailed analysis of SOXL, offering insights into suitable investment strategies, expected price movements, and the overall market sentiment. Long-term Investment Strategy The current trend for SOXL is categorized as bullish, which suggests a favorable environment for a 'Buy and Hold' strategy. This investment approach is well-suited for those looking to maximize returns over an extended period, minimizing the risks associated with frequent trading. Here’s a breakdown of the long-term outlook: Bullish Zone Dynamics : Within a bullish zone, the market experiences strong upward momentum interspersed with minor downward corrections. The overall tr
Read more

S&P500. The S&P 500 is currently in an uptrend within the Bullish zone, but weakening buying momentum indicates a potential shift to a correction phase. Over the next 1-2 weeks, increased selling pressure is expected to deepen this downward movement.

Image
 Weekly S&P 500 Outlook.   The S&P 500 is currently maintaining an uptrend within the Bullish zone. However, the buying momentum is gradually weakening, suggesting an imminent transition into a correction phase. This trend is expected to manifest over the next 1-2 weeks, with selling pressure intensifying and the downward movement becoming more pronounced, leading to a correction phase. This correction trend is anticipated to continue until mid to late June. If the correction stays within the expected range, the market is projected to re-enter an uptrend around late June to early July. May 20, 2024 S&P 500 closing price 5,304.7 0.03%             ◆ [Long-term strategy] The current trend zone is Bullish and Investment position suitable for the trend zone is Buy and Hold.         The trend within a Bullish zone is divided into an 'Uptrend' in the upward direction and a 'Correction Trend' in the downward direction. I
Read more

TSLA. Tesla stock for the next 10 week prediction and technical analysis

Image
Jun 03, 2024 TSLA stock closing price 177.5 -0.34%             ◆ [Long-term strategy] The current trend zone is Bearish and Investment position suitable for the trend zone is Sell and Observe.         The trend within a Bearish zone is divided into a 'Downtrend' in the downward direction and a 'Rebound Trend' in the upward direction. In the Downtrend, there is a strong downward flow with occasional upward movements, while in the Rebound Trend, there is a fluctuating flow involving limited or temporary upward movements and downward fluctuations. Investing in this zone is associated with low expected returns and a higher risk of decline.         In a Bearish zone, there is potential for strong selling pressure to persist, resulting in a pronounced downward trend and a relatively weak upward rebound trend. When considering a medium to long-term investment strategy, if the trend moves in the Bearish zone,
Read more

TSLA. Current Weekly Trend: Bearish, likely to change to bullish soon.

Image
Tesla shareholders have caused an imbalance in the supply and demand for buying and selling due to the approval of Elon Musk's $56 billion compensation package, resulting in a revised outlook for the stock's trend. Jun 17, 2024 TSLA stock closing price 183.0 2.81%             ◆ [Long-term strategy] The current trend zone is Bearish and Investment position suitable for the trend zone is Sell and Observe.         The trend within a Bearish zone is divided into a 'Downtrend' in the downward direction and a 'Rebound Trend' in the upward direction. In the Downtrend, there is a strong downward flow with occasional upward movements, while in the Rebound Trend, there is a fluctuating flow involving limited or temporary upward movements and downward fluctuations. Investing in this zone is associated with low expected returns and a higher risk of decline.         In a Bearish zone, there is potential for s
Read more

MARA. The current trend appears to be 'Downtrend and The trend is progressing in the Bearish zone. The characteristics of the trend are: Continuous decline (standby) - (High selling pressure).

Image
The current trend appears to be 'Downtrend and The trend is progressing in the Bearish zone. The characteristics of the trend are: Continuous decline (standby) - (High selling pressure) When entering a downward trend, it can be seen as a strong "Selling Opportunity" with higher downside risks. Even if a rebound trend occurs, the upward movement is limited and minimal, with a high likelihood of being temporary, thus increasing the probability of a sideways trend. Apr 08, 2024       MARA stock closing price 18.0 -2.60%             ◆ [Long-term strategy] The current trend zone is Bearish. and Investment position suitable for the trend zone is Sell and Wait.         The trend within a Bearish zone is divided into a 'Downtrend' in the downward direction and a 'Rebound Trend' in the upward direction. In the Downtrend, there is a strong downward flow with occasional upward movements, while in the Reb
Read more