| QQQ latest price $64.9200 (0.79%) ($64.4600 - $64.9800) on Thu. Mar. 1, 2012. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 0.85% (three month average) |
RSI | 68 |
Latest Price | $64.9200(0.79%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | QQQ advances 0.4% a day on average for past five trading days. |
Weekly Trend | QQQ advances 1.2% 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 -0.425% in a week (0% probabilities). TLT(-19%) SHY(-8%) IGOV(-3%) TIP(0%) 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 | -0.425% (StdDev 0.85%) |
Hourly BBV | 0 () |
Intraday Trend | 0.4% |
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