Trading Signals: QQQ Stock Price Prediction and Forecast

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Tue. Aug. 16, 2016

Trading Signals: QQQ Stock Price Prediction and Forecast (Tue. Apr. 1, 2003 - Mon. Jun. 17, 2024)

(PowerShares QQQ ETF)
QQQ latest price $117.0500 (-0.55%) ($117.0300 - $117.4900) on Tue. Aug. 16, 2016.

Trend Analysis and Forecast

Average Daily Percentage Swing   0.92% (three month average)
RSI   70
Latest Price   $117.0500(-0.55%)
Stocks Behave Similarly   Similar Stock List
Top Holdings   Top Holding List
Weekly Trend   QQQ advances 0.9% a week on average for past two weeks.
Market Behavior   Broad based sell-off for large cap. Broad based sell-off for small cap.
Correlated ETFs   Broad market will support QQQ advance at 0% a week (0% probability)
IVW(97%)    IWF(97%)    SPY(91%)    VUG(90%)    XLK(89%)
Factors Impacting QQQ price   QQQ will decline at least -0.46% in a week (0% probabilities).
VIXM(-21%)    UUP(-12%)    TLT(-11%)    IPO(-7%)    SHY(-4%)

Relative Volatility (options are extremely cheap)

Market Trend Strength   -0.46% (StdDev 0.92%)
Hourly BBV 0 ()
Intraday Trend -0.4%

5 Day Moving Average   $117.14(-0.08%)
10 Day Moving Average   $116.74(0.27%)
20 Day Moving Average   $115.61(1.25%)
To recent high   -0.6%
To recent low   14.5%
Market Cap   $N/A

Average Volume    million
BBV (position on Bollinger band)   0.9
One Month Target Price   > $117.05
(if BBV positive, VIX trend negative.)
Correction Price   < $111.67

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

$. The price is -0.6% 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 -5.3% away from the target price of 117.05.
$. QQQ price fluctuates within 1.35% (three month std-dev: 0.92%) daily (68% of days).

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