| QQQ latest price $278.9600 (1.41%) ($277.2600 - $280.4500) on Tue. Sep. 15, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.58% (three month average) |
RSI | 47 |
Latest Price | $278.9600(1.41%) |
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 declines -2.9% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Normal 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(83%) |
Factors Impacting QQQ price | QQQ will decline at least -0.79% in a week (0% probabilities). VIXM(-48%) UUP(-26%) VXX(-17%) IGOV(-9%) TBT(-6%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.79% (StdDev 1.58%) |
Hourly BBV | 0.8 () |
Intraday Trend | 0% |
| |
|
|