| QQQ latest price $82.3300 (0.22%) ($82.0700 - $82.5400) on Mon. Oct. 21, 2013. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 0.75% (three month average) |
RSI | 61 |
Latest Price | $82.3300(0.22%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | QQQ advances 0.6% a day on average for past five trading days. |
Weekly Trend | QQQ advances 1.3% 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(90%) XLY(82%) IWM(76%) EEM(71%) |
Factors Impacting QQQ price | QQQ will decline at least -0.375% in a week (0% probabilities). TLT(-17%) SHY(-7%) IGOV(-5%) TIP(1%) GLD(3%) |
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 | -0.375% (StdDev 0.75%) |
Hourly BBV | 0 () |
Intraday Trend | 0% |
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