Trading Signals: QQQ Stock Price Prediction and Forecast

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Thu. Mar. 30, 2017

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

(PowerShares QQQ ETF)
QQQ latest price $132.4700 (0.17%) ($132.0800 - $132.6100) on Thu. Mar. 30, 2017.

Trend Analysis and Forecast

Average Daily Percentage Swing   0.43% (three month average)
RSI   56
Latest Price   $132.4700(0.17%)
Stocks Behave Similarly   Similar Stock List
Top Holdings   Top Holding List
Daily Trend   QQQ advances 0.3% a day on average for past five trading days.
Market Behavior   Value stock rally for large cap. Broad based rally for small cap.
Correlated ETFs   Broad market will support QQQ advance at 0% a week (0% probability)
IWF(98%)    IVW(97%)    SPY(92%)    VUG(90%)    XLK(89%)
Factors Impacting QQQ price   QQQ will decline at least -0.215% in a week (0% probabilities).
VIXM(-20%)    UUP(-13%)    TLT(-12%)    SHY(-5%)    IPO(-2%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -0.215% (StdDev 0.43%)
Hourly BBV 0 ()
Intraday Trend 0.2%

5 Day Moving Average   $131.57(0.68%)
10 Day Moving Average   $131.24(0.94%)
20 Day Moving Average   $131.23(0.94%)
To recent high   0%
To recent low   11.8%
Market Cap   $N/A

Average Volume    million
BBV (position on Bollinger band)   1.8
One Month Target Price   > $132.47
(if BBV positive, VIX trend negative.)
Correction Price   < $129.62

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 -7.5% away from the target price of 132.47.
$. QQQ price fluctuates within 0.52% (three month std-dev: 0.43%) daily (68% of days).

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