| QQQ latest price $339.0100 (0.71%) ($339.0100 - $339.0700) on Wed. Apr. 21, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.43% (three month average) |
RSI | 77 |
Latest Price | $339.0100(0.71%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | QQQ advances 0.2% 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. Broad based 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(90%) DRIV(82%) |
Factors Impacting QQQ price | QQQ will decline at least -0.715% in a week (0% probabilities). VIXM(-48%) UUP(-24%) VXX(-15%) TBT(-5%) IGOV(-4%) |
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 | -0.715% (StdDev 1.43%) |
Hourly BBV | 0.7 () |
Intraday Trend | 0% |
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