| QQQ latest price $234.2800 (1%) ($234.2800 - $234.2800) on Wed. Feb. 12, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 0.75% (three month average) |
RSI | 63 |
Latest Price | $234.2800(1%) |
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 2.3% 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 -0.375% in a week (0% probabilities). VIXM(-56%) VXX(-25%) UUP(-15%) TLT(-8%) SHY(2%) |
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 | 1.1 () |
Intraday Trend | 0% |
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