| QQQ latest price $120.2000 (0.07%) ($119.8100 - $120.2500) on Fri. Dec. 23, 2016. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 0.75% (three month average) |
RSI | 75 |
Latest Price | $120.2000(0.07%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | QQQ advances 0.1% a day on average for past five trading days. |
Weekly Trend | QQQ advances 0.9% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Growth 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 -0.375% 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 | -0.375% (StdDev 0.75%) |
Hourly BBV | 0 () |
Intraday Trend | 0.2% |
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