| QQQ latest price $56.3600 (-0.44%) ($56.2300 - $57.3500) on Tue. Sep. 20, 2011. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.01% (three month average) |
RSI | 57 |
Latest Price | $56.3600(-0.44%) |
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 2% 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(83%) IWM(77%) EEM(71%) |
Factors Impacting QQQ price | QQQ will decline at least -1.005% in a week (0% probabilities). TLT(-21%) SHY(-8%) TIP(-1%) IGOV(-0%) GLD(6%) |
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 | -1.005% (StdDev 2.01%) |
Hourly BBV | 0 () |
Intraday Trend | -0.9% |
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