| QQQ latest price $42.6000 (0.59%) ($42.0800 - $42.6500) on Fri. Nov. 6, 2009. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.11% (three month average) |
RSI | 43 |
Latest Price | $42.6000(0.59%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | QQQ advances 0.8% a day on average for past five trading days. |
Weekly Trend | QQQ declines -1.6% 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(84%) IWM(79%) EEM(73%) |
Factors Impacting QQQ price | QQQ will decline at least -0.555% in a week (0% probabilities). TLT(-26%) SHY(-11%) TIP(-5%) IGOV(3%) 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 | -0.555% (StdDev 1.11%) |
Hourly BBV | 0 () |
Intraday Trend | 1% |
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