| QQQ latest price $195.1500 (0.7%) ($193.0300 - $195.1600) on Wed. Jul. 24, 2019. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.05% (three month average) |
RSI | 62 |
Latest Price | $195.1500(0.7%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | QQQ advances 0.3% a day on average for past five trading days. |
Weekly Trend | QQQ advances 0.5% a week on average for past two weeks. |
Market Behavior | Broad based rally 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%) FIVG(90%) VUG(88%) |
Factors Impacting QQQ price | QQQ will decline at least -0.525% in a week (0% probabilities). VIXM(-58%) VXX(-27%) UUP(-14%) TLT(-10%) IFRA(-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 | -0.525% (StdDev 1.05%) |
Hourly BBV | 0 () |
Intraday Trend | 1.1% |
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