| QQQ latest price $292.3400 (0.79%) ($288.8500 - $292.7000) on Thu. Nov. 19, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.84% (three month average) |
RSI | 73 |
Latest Price | $292.3400(0.79%) |
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 2.1% 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(89%) VUG(82%) |
Factors Impacting QQQ price | QQQ will decline at least -0.92% in a week (0% probabilities). VIXM(-48%) UUP(-25%) VXX(-16%) EDOC(-11%) 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 | -0.92% (StdDev 1.84%) |
Hourly BBV | 0.3 () |
Intraday Trend | 0% |
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