| QQQ latest price $368.8950 (0.29%) ($368.8950 - $368.8950) on Mon. Nov. 6, 2023. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.08% (three month average) |
RSI | 48 |
Latest Price | $368.8950(0.29%) |
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 advances 0.4% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support QQQ advance at 0% a week (0% probability) LIT(99%) XLB(99%) HYG(98%) IBB(97%) EWP(96%) |
Factors Impacting QQQ price | QQQ will decline at least -0.54% in a week (0% probabilities). VXX(-58%) VIXM(-45%) UUP(-23%) BLOK(-23%) TBT(-14%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.54% (StdDev 1.08%) |
Hourly BBV | 0.9 () |
Intraday Trend | 0% |
| |
|
|