| QQQ latest price $307.0200 (0.51%) ($307.0200 - $307.0200) on Mon. Dec. 7, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.7% (three month average) |
RSI | 77 |
Latest Price | $307.0200(0.51%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | QQQ advances 0.5% a day on average for past five trading days. |
Weekly Trend | QQQ advances 2.3% a week on average for past two weeks. |
Market Behavior | Value stocks sell-off 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(93%) FIVG(89%) DRIV(82%) |
Factors Impacting QQQ price | QQQ will decline at least -0.85% in a week (0% probabilities). VIXM(-48%) UUP(-25%) VXX(-16%) TBT(-7%) IGOV(-2%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.85% (StdDev 1.7%) |
Hourly BBV | 1.3 () |
Intraday Trend | 0% |
| |
|
|