| QQQ latest price $119.5000 (0.78%) ($119.0000 - $119.5400) on Fri. Dec. 9, 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 | $119.5000(0.78%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | QQQ advances 0.7% a day on average for past five trading days. |
Weekly Trend | QQQ declines -0.1% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Value stock 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 -0.405% in a week (0% probabilities). VIXM(-20%) UUP(-13%) TLT(-12%) SHY(-4%) IPO(-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 | 0.4% |
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