| QQQ latest price $409.0500 (0.18%) ($409.0500 - $409.0500) on Thu. Jan. 11, 2024. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 0.97% (three month average) |
RSI | 58 |
Latest Price | $409.0500(0.18%) |
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 declines -0.4% a week on average for past two weeks. |
Market Behavior | Rotation from value to growth for large cap. Broad based 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(67%) DIA(65%) |
Factors Impacting QQQ price | QQQ will decline at least -0.485% in a week (0% probabilities). VXX(-60%) VIXM(-47%) UUP(-23%) XLE(2%) TLT(5%) |
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 | -0.485% (StdDev 0.97%) |
Hourly BBV | 1.3 () |
Intraday Trend | 0% |
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