| QQQ latest price $230.3000 (0.48%) ($223.9400 - $230.4100) on Wed. May. 27, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.26% (three month average) |
RSI | 67 |
Latest Price | $230.3000(0.48%) |
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 1.6% a week on average for past two weeks. |
Market Behavior | Value stock 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(88%) VUG(85%) |
Factors Impacting QQQ price | QQQ will decline at least -1.63% in a week (0% probabilities). VIXM(-49%) UUP(-27%) VXX(-19%) TBT(-5%) 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 | -1.63% (StdDev 3.26%) |
Hourly BBV | 0.2 () |
Intraday Trend | 0% |
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