| QQQ latest price $28.6200 (2.84%) ($27.0700 - $28.7100) on Wed. Dec. 3, 2008. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.07% (three month average) |
RSI | 50 |
Latest Price | $28.6200(2.84%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | QQQ advances 0.3% a day on average for past five trading days. |
Weekly Trend | QQQ declines -0.8% 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) SPY(92%) XLK(92%) XLY(85%) IWM(81%) EEM(75%) |
Factors Impacting QQQ price | QQQ will decline at least -2.035% in a week (0% probabilities). TLT(-27%) SHY(-13%) TIP(-7%) GLD(5%) LQD(17%) |
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 | -2.035% (StdDev 4.07%) |
Hourly BBV | 0 () |
Intraday Trend | 5.5% |
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