| QQQ latest price $358.4450 (-2.25%) ($356.6250 - $358.4450) on Thu. Feb. 10, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.52% (three month average) |
RSI | 55 |
Latest Price | $358.4450(-2.25%) |
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 1.7% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Broad based 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(91%) DRIV(84%) |
Factors Impacting QQQ price | QQQ will decline at least -0.76% in a week (0% probabilities). VIXM(-43%) UUP(-25%) VXX(-10%) TBT(-8%) EDOC(3%) |
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 | -0.76% (StdDev 1.52%) |
Hourly BBV | -0.9 () |
Intraday Trend | 0% |
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