| QQQ latest price $246.6900 (1.04%) ($243.3800 - $246.8700) on Mon. Jun. 22, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.19% (three month average) |
RSI | 64 |
Latest Price | $246.6900(1.04%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | QQQ advances 0.7% a day on average for past five trading days. |
Weekly Trend | QQQ advances 1.4% a week on average for past two weeks. |
Market Behavior | Growth stock 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(92%) FIVG(88%) VUG(84%) |
Factors Impacting QQQ price | QQQ will decline at least -1.095% in a week (0% probabilities). VIXM(-49%) UUP(-26%) VXX(-18%) TBT(-6%) IYT(-1%) |
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 | -1.095% (StdDev 2.19%) |
Hourly BBV | 1.2 () |
Intraday Trend | 0% |
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