Trading Signals: QQQ Stock Price Prediction and Forecast

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Wed. Aug. 2, 2017

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

(PowerShares QQQ ETF)
QQQ latest price $143.9500 (0.27%) ($142.6100 - $144.5200) on Wed. Aug. 2, 2017.

Trend Analysis and Forecast

Average Daily Percentage Swing   0.8% (three month average)
RSI   73
Latest Price   $143.9500(0.27%)
Stocks Behave Similarly   Similar Stock List
Top Holdings   Top Holding List
Daily Trend   QQQ declines -0.1% a day on average for past five trading days.
Weekly Trend   QQQ advances 0.4% a week on average for past two weeks.
Market Behavior   Normal for large cap. Broad based sell-off 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 -0.4% in a week (0% probabilities).
VIXM(-19%)    UUP(-13%)    TLT(-12%)    SHY(-5%)    IPO(-3%)

Relative Volatility (options are extremely cheap)

Market Trend Strength   -0.4% (StdDev 0.8%)
Hourly BBV 0 ()
Intraday Trend -0.3%

5 Day Moving Average   $143.71(0.17%)
10 Day Moving Average   $144.07(-0.08%)
20 Day Moving Average   $142.42(1.07%)
To recent high   -0.6%
To recent low   5.8%
Market Cap   $N/A

Average Volume    million
BBV (position on Bollinger band)   0.6
One Month Target Price   > $147.12
(if BBV positive, VIX trend negative.)
Correction Price   < $141.24

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 2.2% away from the target price of 147.12.
$. QQQ price fluctuates within 1.84% (three month std-dev: 0.8%) daily (68% of days).

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