Trading Signals: QQQ Stock Price Prediction and Forecast

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Tue. Jul. 21, 2015

Trading Signals: QQQ Stock Price Prediction and Forecast (Tue. Apr. 1, 2003 - Fri. Jun. 14, 2024)

(PowerShares QQQ ETF)
QQQ latest price $113.9100 (-0.06%) ($113.5800 - $114.2000) on Tue. Jul. 21, 2015.

Trend Analysis and Forecast

Average Daily Percentage Swing   0.87% (three month average)
RSI   79
Latest Price   $113.9100(-0.06%)
Stocks Behave Similarly   Similar Stock List
Top Holdings   Top Holding List
Daily Trend   QQQ advances 0.7% a day on average for past five trading days.
Weekly Trend   QQQ advances 2.5% a week on average for past two weeks.
Market Behavior   Value stocks sell-off 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 -0.435% in a week (0% probabilities).
VIXM(-28%)    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   -0.435% (StdDev 0.87%)
Hourly BBV 0 ()
Intraday Trend -0.1%

5 Day Moving Average   $112.76(1.02%)
10 Day Moving Average   $110.52(3.07%)
20 Day Moving Average   $109.53(4%)
To recent high   -0.1%
To recent low   7.4%
Market Cap   $N/A

Average Volume    million
BBV (position on Bollinger band)   1.8
One Month Target Price   > $115.39
(if BBV positive, VIX trend negative.)
Correction Price   < $110.37

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

$. The price is -0.1% 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 1.3% away from the target price of 115.39.
$. QQQ price fluctuates within 2.21% (three month std-dev: 0.87%) daily (68% of days).

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