| QQQ latest price $431.5050 (1.78%) ($431.5050 - $431.5050) on Fri. Apr. 26, 2024. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.1% (three month average) |
RSI | 42 |
Latest Price | $431.5050(1.78%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | QQQ advances 0.8% a day on average for past five trading days. |
Weekly Trend | QQQ declines -1.7% a week on average for past two weeks. |
Market Behavior | Growth stock 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(95%) SMH(88%) IWO(86%) IWM(78%) |
Factors Impacting QQQ price | QQQ will decline at least -0.55% in a week (0% probabilities). VXX(-82%) VIXM(-52%) UUP(-27%) JETS(4%) GDX(9%) |
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 | -0.55% (StdDev 1.1%) |
Hourly BBV | 1.3 () |
Intraday Trend | 0% |
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