| QQQ latest price $268.8350 (2.76%) ($268.8350 - $268.8350) on Fri. Jan. 6, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.96% (three month average) |
RSI | 40 |
Latest Price | $268.8350(2.76%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | QQQ advances 0.2% a day on average for past five trading days. |
Weekly Trend | QQQ declines -1.3% 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(94%) SPY(91%) FIVG(83%) IVE(75%) |
Factors Impacting QQQ price | QQQ will decline at least -0.98% in a week (0% probabilities). EDOC(-15%) TBT(-6%) XME(-5%) VWO(-5%) XLP(-4%) |
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 | -0.98% (StdDev 1.96%) |
Hourly BBV | 2.1 () |
Intraday Trend | 0% |
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