| QQQ latest price $39.4700 (0.03%) ($39.2100 - $39.6900) on Thu. Jul. 21, 2005. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 0.72% (three month average) |
RSI | 88 |
Latest Price | $39.4700(0.03%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | QQQ advances 0.4% a day on average for past five trading days. |
Weekly Trend | QQQ advances 2.9% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support QQQ advance at 0% a week (0% probability) XLK(92%) SPY(91%) XLY(84%) IWM(82%) EEM(76%) |
Factors Impacting QQQ price | QQQ will decline at least -0.36% in a week (0% probabilities). TLT(-28%) SHY(-20%) TIP(-11%) REMX(-1%) GLD(3%) |
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 | -0.36% (StdDev 0.72%) |
Hourly BBV | 0 () |
Intraday Trend | -0.2% |
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