| QQQ latest price $188.3900 (2.19%) ($184.0200 - $189.6800) on Tue. Aug. 13, 2019. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.13% (three month average) |
RSI | 39 |
Latest Price | $188.3900(2.19%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | QQQ advances 0.6% a day on average for past five trading days. |
Weekly Trend | QQQ declines -2% 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) IWF(98%) IVW(97%) SPY(91%) FIVG(90%) VUG(88%) |
Factors Impacting QQQ price | QQQ will decline at least -0.565% in a week (0% probabilities). VIXM(-59%) VXX(-27%) UUP(-14%) TLT(-11%) IFRA(-9%) |
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 | -0.565% (StdDev 1.13%) |
Hourly BBV | 0 () |
Intraday Trend | 2.2% |
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