Red day on Thursday for QQQ ETF after losing 1.72%

StockInvest.us, 2 months ago

StockInvest.us

The QQQ ETF price fell by -1.72% on the last day (Thursday, 12th Mar 2026) from $607.69 to $597.26. During the last trading day the ETF fluctuated 1.19% from a day low at $597.05 to a day high of $604.13. The price has fallen in 6 of the last 10 days and is down by -1.97% for this period. Volume has increased on the last day by 13 million shares but on falling prices. This may be an early warning and the risk will be increased slightly over the next couple of days. In total, 71 million shares were bought and sold for approximately $42.55 billion.

On Jul 21, 2025, it was reported that UBS gave QQQ a "Mixed" grade with a "hold" action.

The ETF lies in the lower of a falling trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at $590.44 is broken, it will firstly indicate a stronger fall rate.Given the current short-term trend, the ETF is expected to fall -2.53% during the next 3 months and, with a 90% probability hold a price between $575.52 and $609.19 at the end of this 3-month period.

QQQ

Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Some negative signals were issued as well, and these may have some influence on the near short-term development. The QQQ ETF holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the ETF. Also, there is a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections up, there will be some resistance from the lines at $605.70 and $611.22. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Wednesday, February 25, 2026, and so far it has fallen -3.15%. Further fall is indicated until a new bottom pivot has been found. Volume rose on falling prices yesterday. This may be an early warning and the ETF should be followed more closely.

QQQ finds support from accumulated volume at $597.03 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

In general the ETF tends to have very controlled movements and with good liquidity the risk is considered very low in this ETF. During the last day, the ETF moved $7.08 between high and low, or 1.19%. For the last week the ETF has had daily average volatility of 1.60%.

QQQ holds several negative signals and is within a falling trend, so we believe it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this ETF.

Check full QQQ forecast and analysis here.
Trusted Broker
Start Your Journey With:
eToro
0% Commission Stock Trading
Follow Other Investors Strategy
Wide variety: Crypto, stocks, ETFs

Securities trading offered by eToro USA Securities, Inc. (“the BD”), member of FINRA and SIPC. Cryptocurrency offered by eToro USA LLC (“the MSB”) (NMLS: 1769299) and is not FDIC or SIPC insured. Investing involves risk.