| QQQ latest price $397.4250 (0.93%) ($397.4250 - $398.4000) on Thu. Dec. 23, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.19% (three month average) |
RSI | 60 |
Latest Price | $397.4250(0.93%) |
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 declines -0.4% a week on average for past two weeks. |
Market Behavior | Broad based rally 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(94%) FIVG(91%) DRIV(84%) |
Factors Impacting QQQ price | QQQ will decline at least -0.595% in a week (0% probabilities). VIXM(-44%) UUP(-24%) VXX(-11%) 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 | -0.595% (StdDev 1.19%) |
Hourly BBV | 1.2 () |
Intraday Trend | 0% |
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