| QQQ latest price $443.2950 (1.04%) ($443.2950 - $443.2950) on Wed. Mar. 20, 2024. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.03% (three month average) |
RSI | 53 |
Latest Price | $443.2950(1.04%) |
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 declines -0.3% a week on average for past two weeks. |
Market Behavior | Broad based 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%) SPY(92%) SMH(87%) IWO(69%) DIA(61%) |
Factors Impacting QQQ price | QQQ will decline at least -0.515% in a week (0% probabilities). VXX(-71%) VIXM(-48%) UUP(-8%) TLT(-4%) XLE(0%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.515% (StdDev 1.03%) |
Hourly BBV | 2.5 () |
Intraday Trend | 0% |
| |
|
|