| QQQ latest price $226.6600 (0.83%) ($223.2500 - $227.9300) on Mon. May. 11, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.35% (three month average) |
RSI | 74 |
Latest Price | $226.6600(0.83%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | QQQ advances 1% a day on average for past five trading days. |
Weekly Trend | QQQ advances 2.6% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Value stock 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 -1.675% in a week (0% probabilities). VIXM(-50%) UUP(-26%) VXX(-19%) TBT(-4%) IYT(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 | -1.675% (StdDev 3.35%) |
Hourly BBV | 1.7 () |
Intraday Trend | 0% |
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