| QQQ latest price $343.5900 (0.81%) ($343.5900 - $343.5900) on Mon. Jun. 14, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.14% (three month average) |
RSI | 75 |
Latest Price | $343.5900(0.81%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | QQQ advances 0.4% a day on average for past five trading days. |
Weekly Trend | QQQ advances 1% a week on average for past two weeks. |
Market Behavior | Rotation from value to growth for large cap. Value stock sell-off for small cap. |
Correlated ETFs | Broad market will support QQQ advance at 0% a week (0% probability) IWF(98%) IVW(97%) SPY(94%) FIVG(90%) DRIV(83%) |
Factors Impacting QQQ price | QQQ will decline at least -0.57% in a week (0% probabilities). VIXM(-47%) UUP(-23%) VXX(-14%) TBT(-4%) 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 | -0.57% (StdDev 1.14%) |
Hourly BBV | 1.8 () |
Intraday Trend | 0% |
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