| QQQ latest price $346.0000 (1.42%) ($346.0000 - $346.3700) on Thu. Jun. 17, 2021. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.15% (three month average) |
RSI | 75 |
Latest Price | $346.0000(1.42%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | QQQ advances 0.3% a day on average for past five trading days. |
Weekly Trend | QQQ advances 1.5% 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 -0.575% 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. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.575% (StdDev 1.15%) |
Hourly BBV | 1.8 () |
Intraday Trend | 0% |
| |
|
|