| QQQ latest price $309.1600 (0.68%) ($309.1600 - $309.1600) on Wed. Dec. 16, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.52% (three month average) |
RSI | 74 |
Latest Price | $309.1600(0.68%) |
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 0.7% 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(93%) FIVG(89%) DRIV(82%) |
Factors Impacting QQQ price | QQQ will decline at least -0.76% 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. |
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Relative Volatility | (options are extremely cheap) |
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Market Trend Strength | -0.76% (StdDev 1.52%) |
Hourly BBV | 2 () |
Intraday Trend | 0% |
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