| QQQ latest price $294.6200 (3.11%) ($289.4700 - $297.4600) on Mon. Oct. 12, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.73% (three month average) |
RSI | 65 |
Latest Price | $294.6200(3.11%) |
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 2.4% a week on average for past two weeks. |
Market Behavior | Broad based 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(92%) FIVG(88%) VUG(83%) |
Factors Impacting QQQ price | QQQ will decline at least -0.865% in a week (0% probabilities). VIXM(-49%) UUP(-26%) VXX(-17%) IGOV(-9%) TBT(-7%) |
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 | -0.865% (StdDev 1.73%) |
Hourly BBV | 1.5 () |
Intraday Trend | 0% |
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