| QQQ latest price $227.4000 (2.3%) ($227.4000 - $227.4000) on Tue. Feb. 4, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 0.73% (three month average) |
RSI | 63 |
Latest Price | $227.4000(2.3%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | QQQ advances 0.5% a day on average for past five trading days. |
Weekly Trend | QQQ advances 0.2% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support QQQ advance at 0% a week (0% probability) IWF(98%) IVW(97%) SPY(91%) FIVG(90%) VUG(88%) |
Factors Impacting QQQ price | QQQ will decline at least -0.365% in a week (0% probabilities). VIXM(-57%) VXX(-25%) UUP(-15%) TLT(-9%) IGOV(-6%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.365% (StdDev 0.73%) |
Hourly BBV | 1.6 () |
Intraday Trend | 0% |
| |
|
|