| QQQ latest price $421.2700 (1.98%) ($421.2700 - $421.2700) on Fri. Jan. 19, 2024. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 0.96% (three month average) |
RSI | 57 |
Latest Price | $421.2700(1.98%) |
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 1.2% 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(98%) SPY(94%) SMH(87%) DIA(68%) IWO(67%) |
Factors Impacting QQQ price | QQQ will decline at least -0.48% in a week (0% probabilities). VXX(-63%) VIXM(-49%) UUP(-23%) TLT(7%) GLD(13%) |
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 | -0.48% (StdDev 0.96%) |
Hourly BBV | 1.7 () |
Intraday Trend | 0% |
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