| QQQ latest price $34.9700 (-0.82%) ($34.9100 - $35.6400) on Fri. May. 7, 2004. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 1.21% (three month average) |
| RSI | 38 |
| Latest Price | $34.9700(-0.82%) |
| Stocks Behave Similarly | Similar Stock List |
| Top Holdings | Top Holding List |
| Daily Trend | QQQ advances 0.1% a day on average for past five trading days. |
| Weekly Trend | QQQ declines -1.8% a week on average for past two weeks. |
| Market Behavior | Normal for large cap. Normal for small cap. |
| Correlated ETFs | Broad market will support QQQ advance at 0% a week (0% probability)
XLK(92%) SPY(91%) XLY(84%) IWM(82%) EEM(76%) |
| Factors Impacting QQQ price | QQQ will decline at least -0.605% in a week (0% probabilities).
TLT(-27%) SHY(-20%) TIP(-11%) REMX(-1%) LQD(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 | -0.605% (StdDev 1.21%) |
| Hourly BBV | 0 () |
| Intraday Trend | -0.3% |
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