Trading Signals: QQQ Stock Price Prediction and Forecast

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Fri. Apr. 26, 2024

Trading Signals: QQQ Stock Price Prediction and Forecast (Tue. Apr. 1, 2003 - Fri. Apr. 26, 2024)

(PowerShares QQQ ETF)
QQQ latest price $431.1900 (1.71%) ($431.1900 - $431.1900) on Fri. Apr. 26, 2024.

Trend Analysis and Forecast

Average Daily Percentage Swing   1.1% (three month average)
RSI   42
Latest Price   $431.1900(1.71%)
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(96%)    IWO(89%)    SMH(88%)    XBI(81%)
Factors Impacting QQQ price   QQQ will decline at least -0.55% in a week (0% probabilities).
VXX(-76%)    VIXM(-51%)    JETS(-40%)    XLE(-35%)    GDX(-32%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -0.55% (StdDev 1.1%)
Hourly BBV 0 ()
Intraday Trend 0%

1 - 5 Day Possible Target   $423.41(-1.8%)
Resistance Level   $432.67
5 Day Moving Average   $425.1(1.43%)
10 Day Moving Average   $425.28(1.39%)
20 Day Moving Average   $432.67(-0.34%)
To recent high   -3.5%
To recent low   4%
Market Cap   $N/A

Fed Fund Rate   % ()
Yield Curve    (0)
Credit Spread    (0)

$. QQQ price fluctuates within 2.06% (three month std-dev: 1.1%) daily (68% of days).

Sample size 9 Average positive next day return: 1.51%(44%) Average negative next day return: -0.88%(56%) Sample size 9 Average positive next three day return: 1.74%(44%) Average negative next three day return: -1.35%(56%) Sample size 9 Average positive next weekly return: 2.31%(33%) Average negative next weekly return: -2.01%(67%)

Analysis News Options Weekly Chart Daily Chart Hourly Chart 15 Minute Chart

i	Date	ema100	ema20	ema10	ema5	Slow Hourly Trend	Fast Hourly Trend	Close	Pattern	Trade	P	SMA5 BBV	WTF	lsma10 Trend	ema5 Trend	ema10 Trend	Volume millions	Quarterly Strength	100 Daily Trend	Daily Trend Force	Daily StdDev	Hourly BBV	BBV	RSI	VIXCD
1	Apr_26_2024	425.97	432.67	425.28	425.1	426.8	427.57	431.19(1.71%)	RB	SmallLong	20	0.7	148	20	201	-13	24.24	57%	0.1	-54.9	1.1%	0	-0.2	42	-0.4
2	Apr_25_2024	425.55	433.29	425.77	421.81	423.58	425.4	423.94(-0.68%)	N/A	N/A	0	0.2	1	40	38	-109	47.84	55%	0.09	-63.8	1.08%	-0	-1	35	-1
3	Apr_24_2024	425.15	434.32	427.77	421.63	421.18	426.04	426.86(0.39%)	RB	SmallLong	20	0.6	162	80	225	-26	40.33	55%	0.1	-64.3	1.08%	0.8	-0.8	44	-0.3
4	Apr_23_2024	424.73	435.14	428.86	421.62	420.23	421.76	425.21(1.65%)	RB	SmallLong	20	0.4	169	20	235	-28	36.79	55%	0.09	-63.2	1.08%	1.5	-1.1	38	-0.5
5	Apr_22_2024	424.33	436.14	430.41	422.99	420.63	416.32	418.31(0.87%)	DP	OpenShort	-75	-0.5	-217	-90	-221	-204	42.76	53%	0.07	-56.9	1.06%	-0.1	-2	33	-1.1

6	Apr_19_2024	424.03	437.61	432.68	425.56	424.06	418.7	414.72(-1.97%)	DT	OpenShort	-75	-1.3	-399	-100	-438	-281	71.67	55%	0.06	-47.9	1.05%	-1.9	-2.8	27	-2.3
7	Apr_18_2024	423.76	439.28	435.47	430.22	428.26	424.94	423.07(-0.87%)	DT	OpenShort	-75	-1.1	-310	-70	-341	-215	41.12	60%	0.08	-36.9	1.05%	-1.5	-2.5	31	-1.6
8	Apr_17_2024	423.41	440.37	436.85	434.75	432.01	429.43	426.8(-1.22%)	DT	OpenShort	-75	-1.5	-224	-60	-247	-156	49.25	60%	0.09	-19.7	1.06%	-1.4	-2.5	34	-2
9	Apr_16_2024	423.03	441.05	438.45	437.1	436.77	431.59	432.06(0.22%)	DP	OpenShort	-75	-1.2	-178	-90	-197	-122	42.96	62%	0.11	-14.1	1.05%	-0.8	-2.1	39	-2.2
10	Apr_15_2024	422.58	441.39	439.41	438.96	438.39	434.59	431.13(-1.58%)	DT	OpenShort	-75	-2	-376	-60	-432	-208	55.41	62%	0.1	-2.2	1.05%	-2.2	-2.6	36	-3

11	Apr_12_2024	422.15	441.64	440.87	440.83	440.96	441.95	438.06(-1.71%)	DT	OpenShort	-75	-0.8	-33	20	-32	-37	45.88	64%	0.04	4.9	1.04%	-0.8	-1	39	-2.8
12	Apr_11_2024	421.98	441.71	441.52	441.46	441.56	442.19	445.69(1.63%)	UT	OpenLong	75	1.2	125	10	154	38	41.15	67%	0.14	1.2	1.01%	2.4	1.1	48	1
13	Apr_10_2024	421.4	441.41	441.33	439.37	440.4	439.97	438.54(-0.65%)	DT	OpenShort	-75	-0.2	-33	0	-27	-49	55.92	66%	0.13	-13.9	0.99%	-1	-0.8	43	-0.4
14	Apr_9_2024	420.87	441.67	441.82	440.06	439.57	440.93	441.4(0.21%)	DP	OpenShort	-65	0.4	-6	20	1	-28	34.89	66%	0.13	1.3	0.99%	-0.3	-0.1	56	-0.3
15	Apr_8_2024	420.33	441.48	442.15	440.01	439.72	440.83	440.47(-0.16%)	UD	OpenLong	75	0.1	99	20	122	29	24.47	68%	0.14	-8.6	0.99%	-0.3	-0.3	57	-0.3

16	Apr_5_2024	419.76	441.44	442.75	440.99	439.9	438.21	441.18(1.36%)	DP	OpenShort	-75	0.1	-45	-30	-54	-19	47.63	68%	0.14	-8.5	1.02%	-0.7	-0.1	63	-1.1
17	Apr_4_2024	419.18	441.67	443.24	441.67	440.95	438.62	435.26(-1.53%)	DT	OpenShort	-75	-1.7	-187	-40	-225	-73	55.88	67%	0.13	4.7	1.01%	-1.9	-1.7	48	-0.4
18	Apr_3_2024	418.65	441.9	444.14	443.52	443.29	441.6	442.01(0.2%)	DP	OpenShort	-75	-0.4	-80	-30	-105	-6	36.37	70%	0.14	25	0.99%	-0.1	0	54	0.4
19	Apr_2_2024	418.05	441.63	443.9	443.79	443.92	443.28	441.13(-0.95%)	DT	OpenShort	-75	-0.7	-80	-10	-104	-9	38.42	66%	0.16	23.5	1%	-0.9	-0.1	46	0.3
20	Apr_1_2024	417.38	441.77	443.63	444.54	444.44	444.98	445.37(0.18%)	UT	OpenLong	75	0.2	29	10	23	48	33.64	66%	0.29	37.2	1.01%	0.4	1	62	0.7

21	Mar_28_2024	416.19	441.74	442.56	444.81	444.32	444.56	444.58(0.01%)	UT	OpenLong	75	-0.1	22	0	15	41	31.41	66%	0.18	50.6	1.02%	0.2	0.8	57	1.1
22	Mar_27_2024	415.44	441.48	441.98	445.13	444.86	443.9	444.53(0.27%)	N/A	N/A	0	-0.2	-10	-20	-20	21	34.58	66%	0.18	52.8	1.02%	-1.1	0.8	47	1.6
23	Mar_26_2024	414.69	441.03	441.98	444.88	444.86	444.09	443.32(-0.36%)	DT	OpenShort	-75	-0.4	-62	-20	-82	-3	32	66%	0.19	62.9	1.02%	-1.3	0.6	55	1.4
24	Mar_25_2024	413.92	440.74	441.51	443.97	445.27	445.82	444.9(-0.41%)	UD	OpenLong	75	0.2	26	20	21	41	24.36	66%	0.2	69.7	1.02%	-0.5	1.1	59	1.8
25	Mar_22_2024	413.11	440.34	440.72	442.47	443.73	446.45	446.74(0.13%)	UT	OpenLong	75	1.1	144	50	165	80	24	66%		68.2	1.02%	0.5	1.7	51	1.8
i	Date	ema100	ema20	ema10	ema5	Slow Hourly Trend	Fast Hourly Trend	Close	Pattern	Trade	P	SMA5 BBV	WTF	lsma10 Trend	ema5 Trend	ema10 Trend	Volume millions	Quarterly Strength	100 Daily Trend	Daily Trend Force	Daily StdDev	Hourly BBV	BBV	RSI	VIXCD