| QQQ latest price $184.7800 (-3.73%) ($184.6600 - $190.5150) on Fri. Mar. 27, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3% (three month average) |
RSI | 46 |
Latest Price | $184.7800(-3.73%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | QQQ advances 1.6% a day on average for past five trading days. |
Weekly Trend | QQQ declines -2.3% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support QQQ advance at 0% a week (0% probability) IWF(98%) IVW(97%) SPY(91%) FIVG(89%) VUG(86%) |
Factors Impacting QQQ price | QQQ will decline at least -1.5% in a week (0% probabilities). VIXM(-52%) UUP(-26%) VXX(-21%) TLT(0%) TBT(-0%) |
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 | -1.5% (StdDev 3%) |
Hourly BBV | 0.7 () |
Intraday Trend | 0% |
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