Trading Signals: QQQ Stock Price Prediction and Forecast

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Mon. Nov. 23, 2015

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

(PowerShares QQQ ETF)
QQQ latest price $114.1500 (-0.29%) ($113.6600 - $114.9400) on Mon. Nov. 23, 2015.

Trend Analysis and Forecast

Average Daily Percentage Swing   1.44% (three month average)
RSI   44
Latest Price   $114.1500(-0.29%)
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 -0.4% a week on average for past two weeks.
Market Behavior   Normal for large cap. Broad based rally for small cap.
Correlated ETFs   Broad market will support QQQ advance at 0% a week (0% probability)
IVW(97%)    IWF(97%)    SPY(92%)    VUG(90%)    XLK(90%)
Factors Impacting QQQ price   QQQ will decline at least -0.72% in a week (0% probabilities).
VIXM(-25%)    TLT(-13%)    UUP(-11%)    SHY(-6%)    IGOV(-3%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -0.72% (StdDev 1.44%)
Hourly BBV 0 ()
Intraday Trend -0.3%

5 Day Moving Average   $113.49(0.58%)
10 Day Moving Average   $112.76(1.23%)
20 Day Moving Average   $113.43(0.63%)
To recent high   -0.8%
To recent low   16.4%
Market Cap   $N/A

Average Volume    million
BBV (position on Bollinger band)   0.6
One Month Target Price   > $114.15
(if BBV positive, VIX trend negative.)
Correction Price   < $105.93

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 -2% away from the target price of 114.15.
$. QQQ price fluctuates within 1.15% (three month std-dev: 1.44%) daily (68% of days).

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