| QQQ latest price $359.9250 (1.62%) ($359.9250 - $360.4200) on Mon. Jun. 12, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.08% (three month average) |
RSI | 72 |
Latest Price | $359.9250(1.62%) |
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 2.2% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Growth stock rally for small cap. |
Correlated ETFs | Broad market will support QQQ advance at 0% a week (0% probability) IWF(98%) VUG(98%) IVW(95%) XLK(95%) SPY(92%) |
Factors Impacting QQQ price | QQQ will decline at least -0.54% in a week (0% probabilities). VXX(-61%) VIXM(-55%) TBT(-29%) UUP(-27%) USO(-8%) |
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 | -0.54% (StdDev 1.08%) |
Hourly BBV | 2.1 () |
Intraday Trend | 0% |
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