| QQQ latest price $67.1200 (0.01%) ($67.0300 - $67.4900) on Wed. Mar. 21, 2012. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 0.65% (three month average) |
RSI | 69 |
Latest Price | $67.1200(0.01%) |
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% 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 -0.325% 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. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.325% (StdDev 0.65%) |
Hourly BBV | 0 () |
Intraday Trend | -0% |
| |
|
|