| QQQ latest price $399.5600 (0.77%) ($399.5600 - $399.7900) on Wed. Dec. 8, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.12% (three month average) |
RSI | 51 |
Latest Price | $399.5600(0.77%) |
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 declines -1% a week on average for past two weeks. |
Market Behavior | Growth stock 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(94%) FIVG(91%) DRIV(84%) |
Factors Impacting QQQ price | QQQ will decline at least -0.56% in a week (0% probabilities). VIXM(-46%) UUP(-24%) VXX(-12%) TBT(-5%) 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 | -0.56% (StdDev 1.12%) |
Hourly BBV | 0.9 () |
Intraday Trend | 0% |
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