| QQQ latest price $177.7850 (0.85%) ($171.6300 - $183.4900) on Thu. Mar. 19, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.67% (three month average) |
RSI | 40 |
Latest Price | $177.7850(0.85%) |
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 -8% a week on average for past two weeks. |
Market Behavior | Normal 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(87%) |
Factors Impacting QQQ price | QQQ will decline at least -1.335% in a week (0% probabilities). VIXM(-55%) VXX(-23%) UUP(-17%) TLT(-5%) IGOV(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 | -1.335% (StdDev 2.67%) |
Hourly BBV | 0.6 () |
Intraday Trend | 0% |
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