| QQQ latest price $390.0750 (0.46%) ($390.0750 - $390.0750) on Wed. Nov. 22, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.09% (three month average) |
RSI | 85 |
Latest Price | $390.0750(0.46%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | QQQ advances 0.2% 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 | Value stock rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support QQQ advance at 0% a week (0% probability) IVW(97%) FXI(93%) SPY(93%) MCHI(91%) XLC(91%) |
Factors Impacting QQQ price | QQQ will decline at least -0.545% in a week (0% probabilities). VXX(-58%) VIXM(-46%) UUP(-22%) IGOV(-12%) BLOK(-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 | -0.545% (StdDev 1.09%) |
Hourly BBV | 0.6 () |
Intraday Trend | 0% |
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