| QQQ latest price $58.9700 (-0.19%) ($58.8200 - $59.3400) on Mon. May. 2, 2011. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 0.93% (three month average) |
RSI | 72 |
Latest Price | $58.9700(-0.19%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | QQQ advances 0.2% a day on average for past five trading days. |
Weekly Trend | QQQ advances 2.1% 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(91%) XLY(84%) IWM(78%) EEM(72%) |
Factors Impacting QQQ price | QQQ will decline at least -0.465% in a week (0% probabilities). TLT(-23%) SHY(-8%) TIP(-3%) IGOV(1%) 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 | -0.465% (StdDev 0.93%) |
Hourly BBV | 0 () |
Intraday Trend | -0.4% |
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