| QQQ latest price $445.6900 (1.63%) ($445.6900 - $446.3000) on Thu. Apr. 11, 2024. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.01% (three month average) |
RSI | 48 |
Latest Price | $445.6900(1.63%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | QQQ advances 0.5% 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 rally for small cap. |
Correlated ETFs | Broad market will support QQQ advance at 0% a week (0% probability) IVW(98%) SPY(94%) SMH(88%) IWO(84%) IWM(73%) |
Factors Impacting QQQ price | QQQ will decline at least -0.505% in a week (0% probabilities). VXX(-72%) VIXM(-49%) UUP(-25%) TLT(0%) GLD(21%) |
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 | -0.505% (StdDev 1.01%) |
Hourly BBV | 2.4 () |
Intraday Trend | 0% |
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