| QQQ latest price $438.9100 (0.65%) ($438.9100 - $438.9100) on Wed. Mar. 6, 2024. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 0.99% (three month average) |
RSI | 56 |
Latest Price | $438.9100(0.65%) |
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 1.2% 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) IVW(98%) SPY(93%) SMH(87%) IWO(69%) DIA(63%) |
Factors Impacting QQQ price | QQQ will decline at least -0.495% in a week (0% probabilities). VXX(-68%) VIXM(-48%) UUP(-16%) TLT(-6%) XLE(7%) |
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 | -0.495% (StdDev 0.99%) |
Hourly BBV | -0.5 () |
Intraday Trend | 0% |
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