| QQQ latest price $451.4550 (-0.11%) ($451.4550 - $451.4550) on Fri. May. 17, 2024. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.05% (three month average) |
RSI | 70 |
Latest Price | $451.4550(-0.11%) |
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 2.4% a week on average for past two weeks. |
Market Behavior | Value stock rally for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support QQQ advance at 0% a week (0% probability) IVW(94%) SMH(82%) SPY(81%) IWO(67%) IWM(53%) |
Factors Impacting QQQ price | QQQ will decline at least -0.525% in a week (0% probabilities). VXX(-51%) VIXM(-35%) UUP(-32%) XLE(1%) TAN(19%) |
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 | -0.525% (StdDev 1.05%) |
Hourly BBV | -0.5 () |
Intraday Trend | 0% |
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