Trading Signals: QQQ Stock Price Prediction and Forecast

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Mon. May. 24, 2004

Trading Signals: QQQ Stock Price Prediction and Forecast (Tue. Apr. 1, 2003 - Fri. Jun. 21, 2024)

(PowerShares QQQ ETF)
QQQ latest price $35.2600 (0.69%) ($35.0000 - $35.4600) on Mon. May. 24, 2004.

Trend Analysis and Forecast

Average Daily Percentage Swing   1.2% (three month average)
RSI   49
Latest Price   $35.2600(0.69%)
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 -0.3% a week on average for past two weeks.
Market Behavior   Normal for large cap. Normal for small cap.
Correlated ETFs   Broad market will support QQQ advance at 0% a week (0% probability)
XLK(92%)    SPY(91%)    XLY(84%)    IWM(82%)    EEM(76%)
Factors Impacting QQQ price   QQQ will decline at least -0.6% in a week (0% probabilities).
TLT(-27%)    SHY(-20%)    TIP(-11%)    REMX(-1%)    LQD(16%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -0.6% (StdDev 1.2%)
Hourly BBV 0 ()
Intraday Trend 0.3%

1 - 5 Day Possible Target   $31.45(-10.81%)
5 Day Moving Average   $34.91(1%)
10 Day Moving Average   $34.92(0.97%)
20 Day Moving Average   $35.15(0.31%)
To recent high   -5.8%
To recent low   3.6%
Market Cap   $N/A

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

$. QQQ price fluctuates within 1.88% (three month std-dev: 1.2%) daily (68% of days).

Sample size 0 Average positive next day return: 0%(0%) Average negative next day return: 0%(0%) Sample size 0 Average positive next three day return: 0%(0%) Average negative next three day return: %(0%) Sample size 0 Average positive next weekly return: 0%(0%) Average negative next weekly return: 0%(0%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20040624

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	May_24_2004	36.38	35.15	34.92	34.91			35.26(0.69%)	N/A	N/A	0	0.5	3	-10000	8	-11	100.16	45%	-0.03	-58.5	1.2%	0	0.2	49	0
2	May_21_2004	36.39	35.22	34.86	34.74			35.02(0.49%)	DP	OpenShort	-65	0.4	-7	-10000	2	-33	111.49	44%	-0.03	-53.8	1.2%	0	-0.3	49	0
3	May_20_2004	36.4	35.32	34.85	34.69			34.85(0.46%)	DP	OpenShort	-75	0.2	-10	-10000	-1	-36	95.04	44%	-0.05	-46.2	1.21%	0	-0.6	52	0
4	May_19_2004	36.42	35.42	34.88	34.72			34.69(-0.12%)	DT	OpenShort	-75	-0	-14	-10000	-5	-41	141.78	42%	-0.05	-41.8	1.2%	0	-0.9	39	0
5	May_18_2004	36.44	35.49	34.96	34.83			34.73(0.9%)	DP	OpenShort	-75	-0.1	-14	-10000	-5	-41	96.73	42%	-0.05	-43.7	1.22%	0	-0.9	34	0

6	May_17_2004	36.46	35.54	35.02	34.93			34.42(-0.95%)	DT	OpenShort	-75	-0.6	-15	-10000	-2	-54	150.71	44%	-0.03	-45.7	1.21%	0	-1.3	26	0
7	May_14_2004	36.47	35.65	35.09	34.98			34.75(-0.74%)	DT	OpenShort	-75	-0.3	-20	-10000	-2	-73	133.76	44%	-0.05	-51.1	1.22%	0	-1.2	27	0
8	May_13_2004	36.49	35.72	35.1	35.02			35.01(-0.71%)	DT	OpenShort	-75	-0	-27	-10000	-2	-100	138.1	44%	-0.03	-56.3	1.23%	0	-0.9	27	0
9	May_12_2004	36.5	35.78	35.16	35.07			35.26(0.2%)	DP	OpenShort	-75	0.2	-30	-10000	-2	-114	197.89	44%	0	-59.1	1.23%	0	-0.7	32	0
10	May_11_2004	36.5	35.85	35.24	35.12			35.19(1.5%)	DP	OpenShort	-75	0.1	-28	-10000	-1	-110	120.84	44%	-0.03	-58.6	1.23%	0	-0.9	44	0

11	May_10_2004	36.51	35.93	35.4	35.14			34.67(-0.86%)	DT	OpenShort	-75	-0.6	-28	-10000	-4	-98	157.2	42%	-0.03	-61	1.23%	0	-1.6	43	0
12	May_7_2004	36.52	36.05	35.62	35.22			34.97(-0.82%)	DT	HoldShort	-50	-0.3	-20	-10000	2	-87	137.73	42%	0	-61.6	1.21%	0	-1.4	38	0
13	May_6_2004	36.52	36.15	35.83	35.18			35.26(-0.76%)	DT	OpenShort	-75	0.1	-23	-10000	-4	-79	102.76	44%	0	-60.5	1.22%	0	-1.2	45	0
14	May_5_2004	36.52	36.24	36	35.26			35.53(0.79%)	DP	OpenShort	-75	0.4	-21	-10000	-6	-66	97.58	44%	0.03	-53.3	1.24%	0	-1	46	0
15	May_4_2004	36.51	36.31	36.05	35.39			35.25(0.43%)	DP	OpenShort	-75	-0.2	-29	-10000	-15	-71	126.25	43%	0	-42.4	1.23%	0	-1.5	39	0

16	May_3_2004	36.51	36.42	36.11	35.72			35.1(0.95%)	DP	OpenShort	-75	-0.9	-27	-10000	-16	-59	117.07	43%	0	-20.5	1.25%	0	-1.9	39	0
17	Apr_30_2004	36.51	36.53	36.26	36.08			34.77(-2.44%)	DT	OpenShort	-75	-2	-27	-10000	-22	-43	150.92	43%	0	6.2	1.23%	0	-2.7	33	0
18	Apr_29_2004	36.51	36.61	36.41	36.57			35.64(-1.55%)	DT	OpenShort	-75	-1.8	-13	-10000	-12	-14	157.05	45%	0.03	40.8	1.2%	0	-1.9	40	0
19	Apr_28_2004	36.5	36.63	36.47	36.83			36.2(-1.82%)	UD	OpenLong	75	-1.3	2	-10000	2	1	111.78	45%	0.05	70.8	1.18%	0	-0.9	44	0
20	Apr_27_2004	36.48	36.62	36.53	36.79			36.87(-0.19%)	N/A	N/A	0	0.2	8	-10000	11	-0	87.67	45%	0.03	83.1	1.18%	0	0.5	48	0

21	Apr_26_2004	36.47	36.57	36.5	36.55			36.94(-0.73%)	DP	OpenShort	-65	0.7	-5	-10000	4	-31	74.55	46%	0.05	80.4	1.21%	0	0.7	44	0
22	Apr_23_2004	36.45	36.49	36.52	36.47			37.21(0.79%)	DP	OpenShort	-65	1.2	-1	-10000	10	-35	92.04	46%	0.05	72.5	1.22%	0	1.2	50	0
23	Apr_22_2004	36.43	36.39	36.48	36.24			36.92(2.58%)	DP	OpenShort	-65	1.1	-6	-10000	7	-44	137.9	46%	0.05	60.7	1.22%	0	0.8	57	0
24	Apr_21_2004	36.41	36.28	36.47	36.09			35.99(0.87%)	DP	OpenShort	-75	-0.1	-18	-10000	-7	-51	119.22	43%	0	39.1	1.18%	0	-0.4	54	0
25	Apr_20_2004	36.41	36.19	36.57	36.25			35.68(-2.33%)	DT	OpenShort	-75	-0.6	-14	-10000	-9	-27	119.96	43%		33.7	1.17%	0	-0.6	51	0
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

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