| QQQ latest price $378.2800 (2.22%) ($378.2800 - $378.5300) on Fri. Nov. 10, 2023. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.11% (three month average) |
RSI | 67 |
Latest Price | $378.2800(2.22%) |
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 advances 3.1% 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(99%) VUG(98%) XLK(98%) IVW(97%) SPY(93%) |
Factors Impacting QQQ price | QQQ will decline at least -0.555% in a week (0% probabilities). VXX(-58%) VIXM(-46%) TBT(-22%) UUP(-21%) URA(4%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.555% (StdDev 1.11%) |
Hourly BBV | 2.2 () |
Intraday Trend | 0% |
| |
|
|