| QQQ latest price $190.3600 (-0.68%) ($189.2000 - $195.2500) on Tue. Mar. 31, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.04% (three month average) |
RSI | 48 |
Latest Price | $190.3600(-0.68%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | QQQ advances 0.7% a day on average for past five trading days. |
Weekly Trend | QQQ advances 1.7% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Normal 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 -1.52% in a week (0% probabilities). VIXM(-52%) UUP(-27%) VXX(-21%) TBT(-1%) TLT(1%) |
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 | -1.52% (StdDev 3.04%) |
Hourly BBV | 0.2 () |
Intraday Trend | 0% |
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