| QQQ latest price $65.6000 (0.66%) ($65.0400 - $65.7300) on Mon. Nov. 5, 2012. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 0.8% (three month average) |
RSI | 43 |
Latest Price | $65.6000(0.66%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | QQQ advances 0.1% a day on average for past five trading days. |
Weekly Trend | QQQ declines -1.5% 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(90%) XLY(82%) IWM(77%) EEM(70%) |
Factors Impacting QQQ price | QQQ will decline at least -0.4% in a week (0% probabilities). TLT(-17%) SHY(-7%) IGOV(-5%) TIP(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 | -0.4% (StdDev 0.8%) |
Hourly BBV | 0 () |
Intraday Trend | 0.6% |
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