| QQQ latest price $202.9800 (1.04%) ($198.7500 - $203.4200) on Mon. Apr. 13, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.23% (three month average) |
RSI | 72 |
Latest Price | $202.9800(1.04%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | QQQ advances 2% a day on average for past five trading days. |
Weekly Trend | QQQ advances 4.6% a week on average for past two weeks. |
Market Behavior | Value stocks sell-off for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support QQQ advance at 0% a week (0% probability) IWF(98%) IVW(97%) SPY(91%) FIVG(88%) VUG(85%) |
Factors Impacting QQQ price | QQQ will decline at least -1.615% in a week (0% probabilities). VIXM(-51%) UUP(-26%) VXX(-20%) TBT(-3%) TLT(3%) |
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 | -1.615% (StdDev 3.23%) |
Hourly BBV | 2 () |
Intraday Trend | 0% |
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