| QQQ latest price $217.1200 (0.74%) ($217.1200 - $217.1200) on Wed. Jan. 8, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 0.6% (three month average) |
RSI | 77 |
Latest Price | $217.1200(0.74%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | QQQ advances 0.4% a day on average for past five trading days. |
Weekly Trend | QQQ advances 1.2% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Growth stock 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 -0.3% in a week (0% probabilities). VIXM(-57%) VXX(-26%) UUP(-15%) TLT(-9%) SHY(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 | -0.3% (StdDev 0.6%) |
Hourly BBV | 1.7 () |
Intraday Trend | 0% |
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