| QQQ latest price $50.2800 (0.92%) ($49.3400 - $50.4900) on Fri. Nov. 16, 2007. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.44% (three month average) |
RSI | 35 |
Latest Price | $50.2800(0.92%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | QQQ advances 0.1% a day on average for past five trading days. |
Weekly Trend | QQQ declines -4.2% 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 -0.72% in a week (0% probabilities). TLT(-29%) SHY(-22%) TIP(-11%) GLD(2%) LQD(18%) |
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 | -0.72% (StdDev 1.44%) |
Hourly BBV | 0 () |
Intraday Trend | 0.3% |
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