| QQQ latest price $285.9350 (-1.19%) ($285.9350 - $285.9350) on Wed. Nov. 16, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.08% (three month average) |
RSI | 58 |
Latest Price | $285.9350(-1.19%) |
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 2.5% 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(95%) SPY(92%) FIVG(86%) IVE(77%) |
Factors Impacting QQQ price | QQQ will decline at least -1.04% in a week (0% probabilities). TBT(-13%) UUP(-8%) VIXM(-7%) VXX(-2%) UNG(5%) |
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 | -1.04% (StdDev 2.08%) |
Hourly BBV | -1.2 () |
Intraday Trend | 0% |
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