| QQQ latest price $361.0200 (-2.15%) ($361.0200 - $361.0200) on Thu. Aug. 24, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.12% (three month average) |
RSI | 39 |
Latest Price | $361.0200(-2.15%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | QQQ advances 0.1% a day on average for past five trading days. |
Weekly Trend | QQQ declines -1% a week on average for past two weeks. |
Market Behavior | Broad based sell-off 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%) VUG(98%) IVW(96%) XLK(95%) SPY(93%) |
Factors Impacting QQQ price | QQQ will decline at least -0.56% in a week (0% probabilities). VXX(-66%) VIXM(-58%) TBT(-29%) UUP(-24%) USO(-7%) |
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 | -0.56% (StdDev 1.12%) |
Hourly BBV | -1.4 () |
Intraday Trend | 0% |
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