Trading Signals: QQQ Stock Price Prediction and Forecast

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Fri. Mar. 20, 2015

Trading Signals: QQQ Stock Price Prediction and Forecast (Tue. Apr. 1, 2003 - Mon. Jun. 3, 2024)

(PowerShares QQQ ETF)
QQQ latest price $108.5300 (0.42%) ($108.5100 - $109.0700) on Fri. Mar. 20, 2015.

Trend Analysis and Forecast

Average Daily Percentage Swing   0.88% (three month average)
RSI   43
Latest Price   $108.5300(0.42%)
Stocks Behave Similarly   Similar Stock List
Top Holdings   Top Holding List
Daily Trend   QQQ advances 0.6% 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   Value stock rally 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%)    IVE(76%)
Factors Impacting QQQ price   QQQ will decline at least -0.44% in a week (0% probabilities).
VIXM(-29%)    TLT(-15%)    UUP(-8%)    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   -0.44% (StdDev 0.88%)
Hourly BBV 0 ()
Intraday Trend -0.2%

5 Day Moving Average   $107.62(0.85%)
10 Day Moving Average   $106.83(1.59%)
20 Day Moving Average   $107.62(0.85%)
To recent high   -0.8%
To recent low   8.9%
Market Cap   $N/A

Average Volume    million
BBV (position on Bollinger band)   0.7
One Month Target Price   > $108.53
(if BBV positive, VIX trend negative.)
Correction Price   < $103.75

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

$. The price is -0.8% 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 -0.1% away from the target price of 108.53.
$. QQQ price fluctuates within 1.15% (three month std-dev: 0.88%) daily (68% of days).

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