| QQQ latest price $367.8400 (1.23%) ($367.8400 - $367.8400) on Fri. Nov. 3, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.08% (three month average) |
RSI | 45 |
Latest Price | $367.8400(1.23%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | QQQ advances 1.3% a day on average for past five trading days. |
Weekly Trend | QQQ declines -0.6% 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) IVW(97%) XLK(96%) XLC(94%) SPY(93%) SMH(88%) |
Factors Impacting QQQ price | QQQ will decline at least -0.54% in a week (0% probabilities). VXX(-61%) VIXM(-50%) TBT(-25%) UUP(-24%) UNG(-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 | -0.54% (StdDev 1.08%) |
Hourly BBV | 1.2 () |
Intraday Trend | 0% |
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