| QQQ latest price $275.5950 (2.37%) ($275.5950 - $275.9550) on Fri. Oct. 21, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.85% (three month average) |
RSI | 51 |
Latest Price | $275.5950(2.37%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | QQQ advances 1.1% a day on average for past five trading days. |
Weekly Trend | QQQ declines -0.9% 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(95%) SPY(92%) FIVG(87%) DRIV(76%) |
Factors Impacting QQQ price | QQQ will decline at least -0.925% in a week (0% probabilities). UUP(-13%) TBT(-11%) VIXM(-9%) VXX(-2%) EDOC(2%) |
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 | -0.925% (StdDev 1.85%) |
Hourly BBV | 2.1 () |
Intraday Trend | 0% |
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