| QQQ latest price $163.2000 (0.65%) ($162.0600 - $163.4400) on Thu. Jan. 24, 2019. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2% (three month average) |
RSI | 81 |
Latest Price | $163.2000(0.65%) |
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 1.9% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support QQQ advance at 0% a week (0% probability) IWF(98%) IVW(97%) SPY(91%) VUG(89%) XLK(87%) |
Factors Impacting QQQ price | QQQ will decline at least -1% in a week (0% probabilities). VXX(-22%) UUP(-16%) TLT(-11%) XHB(-8%) VIXM(-8%) |
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 | -1% (StdDev 2%) |
Hourly BBV | 0 () |
Intraday Trend | 0.3% |
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