| QQQ latest price $306.8900 (4.29%) ($306.8900 - $306.8900) on Wed. Jul. 27, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.38% (three month average) |
RSI | 59 |
Latest Price | $306.8900(4.29%) |
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 2.1% 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(96%) SPY(94%) FIVG(89%) DRIV(80%) |
Factors Impacting QQQ price | QQQ will decline at least -1.19% in a week (0% probabilities). UUP(-22%) VIXM(-21%) TBT(-13%) VXX(-4%) 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 | -1.19% (StdDev 2.38%) |
Hourly BBV | 2.2 () |
Intraday Trend | 0% |
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