| QQQ latest price $28.2600 (-1.67%) ($28.1900 - $28.9800) on Mon. Mar. 16, 2009. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.24% (three month average) |
RSI | 45 |
Latest Price | $28.2600(-1.67%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | QQQ advances 1.8% a day on average for past five trading days. |
Weekly Trend | QQQ advances 0.9% 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 -1.12% in a week (0% probabilities). TLT(-26%) SHY(-12%) TIP(-5%) IGOV(4%) GLD(5%) |
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 | -1.12% (StdDev 2.24%) |
Hourly BBV | 0 () |
Intraday Trend | -2.2% |
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