| QQQ latest price $353.7300 (1.2%) ($353.7300 - $353.7300) on Mon. Jun. 28, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.07% (three month average) |
RSI | 80 |
Latest Price | $353.7300(1.2%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | QQQ advances 0.6% 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 -0.535% in a week (0% probabilities). VIXM(-47%) UUP(-24%) VXX(-13%) 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 | -0.535% (StdDev 1.07%) |
Hourly BBV | 1.9 () |
Intraday Trend | 0% |
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