| QQQ latest price $435.3600 (2.12%) ($435.3600 - $435.3600) on Fri. May. 3, 2024. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.09% (three month average) |
RSI | 52 |
Latest Price | $435.3600(2.12%) |
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 0.4% 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(95%) SPY(88%) SMH(77%) IWO(62%) IWM(52%) |
Factors Impacting QQQ price | QQQ will decline at least -0.545% in a week (0% probabilities). VXX(-56%) UUP(-31%) VIXM(-29%) XLE(3%) IVE(23%) |
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 | 1.4 () |
Intraday Trend | 0% |
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