| QQQ latest price $30.5700 (2.21%) ($29.4600 - $30.7700) on Thu. Feb. 5, 2009. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.95% (three month average) |
RSI | 59 |
Latest Price | $30.5700(2.21%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | QQQ advances 0.6% a day on average for past five trading days. |
Weekly Trend | QQQ advances 1.5% 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(80%) EEM(74%) |
Factors Impacting QQQ price | QQQ will decline at least -1.475% in a week (0% probabilities). TLT(-26%) SHY(-13%) TIP(-5%) IGOV(2%) GLD(4%) |
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 | -1.475% (StdDev 2.95%) |
Hourly BBV | 0 () |
Intraday Trend | 3.7% |
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