| QQQ latest price $314.4950 (2.62%) ($314.4950 - $314.5050) on Thu. Jun. 2, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.33% (three month average) |
RSI | 63 |
Latest Price | $314.4950(2.62%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | QQQ advances 1.6% a day on average for past five trading days. |
Weekly Trend | QQQ advances 1.9% a week on average for past two weeks. |
Market Behavior | Broad based 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(89%) DRIV(82%) |
Factors Impacting QQQ price | QQQ will decline at least -1.165% in a week (0% probabilities). VIXM(-28%) UUP(-23%) TBT(-12%) VXX(-5%) UNG(7%) |
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 | -1.165% (StdDev 2.33%) |
Hourly BBV | 1.8 () |
Intraday Trend | 0% |
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