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     Tue. Sep. 2, 2014

Trading Signals: QQQ Stock Price Prediction and Forecast (Tue. Apr. 1, 2003 - Tue. May. 28, 2024)

(PowerShares QQQ ETF)

QQQ latest price $100.0700 (0.29%) ($99.6600 - $100.1000) on Tue. Sep. 2, 2014.


Trend Analysis and Forecast
 
Average Daily Percentage Swing  0.58% (three month average)
RSI   98
Latest Price   $100.0700(0.29%)
Stocks Behave Similarly  Similar Stock List
Top Holdings  Top Holding List
Daily Trend  QQQ advances 0.1% a day on average for past five trading days.
Weekly Trend  QQQ advances 1.4% 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)
  SPY(92%)    XLK(90%)    VT(83%)    XLY(82%)    IWM(76%)  
Factors Impacting QQQ price  QQQ will decline at least -0.29% in a week (0% probabilities).
  VIXM(-30%)    TLT(-16%)    UUP(-7%)    SHY(-7%)    IGOV(-5%)  
Explanation   The rally is not sustainable and not supported by the broad market.
 
 
Relative Volatility   (options are extremely cheap)
 
Market Trend Strength  -0.29% (StdDev 0.58%)
Hourly BBV   0 ()
Intraday Trend   0%
  
 

  


5 Day Moving Average  $99.66(0.41%)
10 Day Moving Average  $99.33(0.74%)
20 Day Moving Average  $97.68(2.45%)
To recent high  0%
To recent low  9.7%
Market Cap  $N/A
 
Average Volume   million
BBV (position on Bollinger band)  1.2
One Month Target Price  > $100.07
(if BBV positive, VIX trend negative.)
Correction Price  < $97.17
 
Fed Fund Rate  % ()
Yield Curve   (0)
Credit Spread   (0)
 

$. The price is 0% to new high. In the past, the price will move at least 10% above the recent low once it hits new high. Now it's -3.9% away from the target price of 100.07.
$. QQQ price fluctuates within 2.04% (three month std-dev: 0.58%) daily (68% of days).

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