| QQQ latest price $326.5600 (0.79%) ($326.5600 - $327.1200) on Thu. Jan. 21, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.32% (three month average) |
RSI | 62 |
Latest Price | $326.5600(0.79%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | QQQ advances 0.7% a day on average for past five trading days. |
Weekly Trend | QQQ advances 1.2% a week on average for past two weeks. |
Market Behavior | Rotation from value to growth for large cap. Broad based sell-off 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 -0.66% in a week (0% probabilities). VIXM(-48%) UUP(-25%) VXX(-16%) TBT(-7%) IGOV(-1%) |
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 | -0.66% (StdDev 1.32%) |
Hourly BBV | 1.1 () |
Intraday Trend | 0% |
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