| QQQ latest price $118.5300 (-0.23%) ($118.4100 - $119.0800) on Mon. Nov. 28, 2016. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 0.81% (three month average) |
RSI | 60 |
Latest Price | $118.5300(-0.23%) |
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 1% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Broad based 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 -0.405% in a week (0% probabilities). VIXM(-20%) UUP(-12%) TLT(-12%) SHY(-4%) IGOV(-2%) |
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 | -0.405% (StdDev 0.81%) |
Hourly BBV | 0 () |
Intraday Trend | -0.1% |
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