| QQQ latest price $298.2900 (3.1%) ($298.2900 - $298.5950) on Tue. Jul. 19, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.37% (three month average) |
RSI | 65 |
Latest Price | $298.2900(3.1%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | QQQ advances 0.8% a day on average for past five trading days. |
Weekly Trend | QQQ advances 1.2% 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(96%) SPY(93%) FIVG(89%) DRIV(80%) |
Factors Impacting QQQ price | QQQ will decline at least -1.185% in a week (0% probabilities). UUP(-23%) VIXM(-21%) TBT(-12%) VXX(-4%) EDOC(-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 | -1.185% (StdDev 2.37%) |
Hourly BBV | 1.7 () |
Intraday Trend | 0% |
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