| QQQ latest price $303.5800 (1.36%) ($300.8300 - $305.1400) on Tue. Dec. 1, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.85% (three month average) |
RSI | 80 |
Latest Price | $303.5800(1.36%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | QQQ advances 0.9% a day on average for past five trading days. |
Weekly Trend | QQQ advances 1.7% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Value 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 -0.925% in a week (0% probabilities). VIXM(-48%) UUP(-25%) VXX(-16%) TBT(-7%) IGOV(0%) |
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 | -0.925% (StdDev 1.85%) |
Hourly BBV | 0.4 () |
Intraday Trend | 0% |
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