| QQQ latest price $411.2600 (-0.05%) ($410.9400 - $411.2600) on Thu. Dec. 28, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 0.95% (three month average) |
RSI | 82 |
Latest Price | $411.2600(-0.05%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | QQQ advances 0.4% a day on average for past five trading days. |
Weekly Trend | QQQ advances 1.7% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Growth stock sell-off for small cap. |
Correlated ETFs | Broad market will support QQQ advance at 0% a week (0% probability) IVW(98%) SPY(94%) SMH(89%) IWO(70%) DIA(69%) |
Factors Impacting QQQ price | QQQ will decline at least -0.475% in a week (0% probabilities). VXX(-63%) VIXM(-50%) UUP(-31%) TLT(10%) XLE(12%) |
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 | -0.475% (StdDev 0.95%) |
Hourly BBV | 0.6 () |
Intraday Trend | 0% |
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