| QQQ latest price $212.1900 (-1.3%) ($212.5700 - $215.8800) on Mon. Apr. 20, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.26% (three month average) |
RSI | 67 |
Latest Price | $212.1900(-1.3%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | QQQ advances 0.9% a day on average for past five trading days. |
Weekly Trend | QQQ advances 6.6% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Value stock 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(88%) VUG(85%) |
Factors Impacting QQQ price | QQQ will decline at least -1.63% in a week (0% probabilities). VIXM(-50%) UUP(-26%) VXX(-20%) TBT(-3%) TLT(3%) |
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 | -1.63% (StdDev 3.26%) |
Hourly BBV | -0.2 () |
Intraday Trend | 0% |
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