| QQQ latest price $39.4600 (0.97%) ($38.8500 - $39.4800) on Tue. Sep. 5, 2006. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.15% (three month average) |
RSI | 78 |
Latest Price | $39.4600(0.97%) |
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 0.8% 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) SPY(92%) XLK(92%) XLY(84%) IWM(82%) EEM(77%) |
Factors Impacting QQQ price | QQQ will decline at least -0.575% in a week (0% probabilities). TLT(-29%) SHY(-21%) TIP(-12%) GLD(3%) LQD(17%) |
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 | -0.575% (StdDev 1.15%) |
Hourly BBV | 0 () |
Intraday Trend | 0.9% |
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