| QQQ latest price $48.8400 (1.1%) ($48.4000 - $49.0600) on Wed. Aug. 8, 2007. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 0.9% (three month average) |
RSI | 38 |
Latest Price | $48.8400(1.1%) |
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 declines -1.6% 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 -0.45% in a week (0% probabilities). TLT(-29%) SHY(-22%) 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 | -0.45% (StdDev 0.9%) |
Hourly BBV | 0 () |
Intraday Trend | 0.7% |
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