| QQQ latest price $120.0900 (0.41%) ($119.5500 - $120.8300) on Mon. Dec. 19, 2016. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 0.77% (three month average) |
RSI | 54 |
Latest Price | $120.0900(0.41%) |
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 1.4% a week on average for past two weeks. |
Market Behavior | Growth stock 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 -0.385% in a week (0% probabilities). VIXM(-20%) UUP(-12%) TLT(-12%) SHY(-5%) 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 | -0.385% (StdDev 0.77%) |
Hourly BBV | 0 () |
Intraday Trend | 0.3% |
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