| QQQ latest price $46.0100 (1.66%) ($45.5500 - $46.0200) on Fri. Sep. 3, 2010. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.41% (three month average) |
RSI | 56 |
Latest Price | $46.0100(1.66%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | QQQ advances 0.9% a day on average for past five trading days. |
Weekly Trend | QQQ declines -0.4% 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(91%) XLY(84%) IWM(79%) EEM(73%) |
Factors Impacting QQQ price | QQQ will decline at least -0.705% in a week (0% probabilities). TLT(-25%) SHY(-9%) TIP(-4%) IGOV(2%) GLD(4%) |
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 | -0.705% (StdDev 1.41%) |
Hourly BBV | 0 () |
Intraday Trend | 0.6% |
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