| QQQ latest price $316.1500 (0.59%) ($316.1500 - $316.1500) on Wed. Jan. 13, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.3% (three month average) |
RSI | 59 |
Latest Price | $316.1500(0.59%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | QQQ advances 0.6% a day on average for past five trading days. |
Weekly Trend | QQQ advances 0.9% a week on average for past two weeks. |
Market Behavior | Growth stock rally 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(93%) FIVG(89%) DRIV(82%) |
Factors Impacting QQQ price | QQQ will decline at least -0.65% in a week (0% probabilities). VIXM(-49%) UUP(-25%) VXX(-16%) TBT(-7%) IGOV(-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 | -0.65% (StdDev 1.3%) |
Hourly BBV | 0.9 () |
Intraday Trend | 0% |
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