| QQQ latest price $40.1100 (0.3%) ($40.0000 - $40.4600) on Fri. Sep. 15, 2006. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.12% (three month average) |
RSI | 73 |
Latest Price | $40.1100(0.3%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | QQQ advances 0.7% a day on average for past five trading days. |
Weekly Trend | QQQ advances 1.4% 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 -0.56% 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 | -0.56% (StdDev 1.12%) |
Hourly BBV | 0 () |
Intraday Trend | -0.6% |
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