| QQQ latest price $110.5800 (0.21%) ($109.5300 - $110.5900) on Thu. Jun. 2, 2016. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 0.78% (three month average) |
RSI | 73 |
Latest Price | $110.5800(0.21%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | QQQ advances 0.3% 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 | Broad based rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support QQQ advance at 0% a week (0% probability) IVW(97%) IWF(97%) SPY(91%) VUG(90%) XLK(89%) |
Factors Impacting QQQ price | QQQ will decline at least -0.39% in a week (0% probabilities). VIXM(-22%) UUP(-13%) TLT(-13%) IPO(-6%) SHY(-5%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.39% (StdDev 0.78%) |
Hourly BBV | 0 () |
Intraday Trend | 0.4% |
| |
|
|