| QQQ latest price $111.2200 (-0.24%) ($111.2100 - $111.8200) on Wed. Jul. 13, 2016. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1% (three month average) |
RSI | 59 |
Latest Price | $111.2200(-0.24%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | QQQ advances 0.5% a day on average for past five trading days. |
Weekly Trend | QQQ advances 2.5% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Growth stock sell-off 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 -0.5% in a week (0% probabilities). VIXM(-21%) UUP(-12%) TLT(-11%) IPO(-7%) SHY(-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 | -0.5% (StdDev 1%) |
Hourly BBV | 0 () |
Intraday Trend | -0.5% |
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