| QQQ latest price $35.3200 (0.2%) ($35.1300 - $35.5700) on Thu. Sep. 16, 2004. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.17% (three month average) |
RSI | 60 |
Latest Price | $35.3200(0.2%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | QQQ advances 0.4% a day on average for past five trading days. |
Weekly Trend | QQQ advances 1.7% 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 -0.585% in a week (0% probabilities). TLT(-28%) SHY(-20%) TIP(-11%) REMX(-2%) 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 | -0.585% (StdDev 1.17%) |
Hourly BBV | 0 () |
Intraday Trend | 0.1% |
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