Trading Signals: QQQ Stock Price Prediction and Forecast

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Thu. Jul. 8, 2021

Trading Signals: QQQ Stock Price Prediction and Forecast (Tue. Apr. 1, 2003 - Tue. Apr. 30, 2024)

(PowerShares QQQ ETF)
QQQ latest price $357.7900 (-0.87%) ($357.7900 - $357.7900) on Thu. Jul. 8, 2021.

Trend Analysis and Forecast

Average Daily Percentage Swing   1.01% (three month average)
RSI   74
Latest Price   $357.7900(-0.87%)
Stocks Behave Similarly   Similar Stock List
Top Holdings   Top Holding List
Daily Trend   QQQ advances 0.2% a day on average for past five trading days.
Weekly Trend   QQQ advances 1.8% 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)
IWF(98%)    IVW(97%)    SPY(94%)    FIVG(90%)    DRIV(83%)
Factors Impacting QQQ price   QQQ will decline at least -0.505% in a week (0% probabilities).
VIXM(-47%)    UUP(-24%)    VXX(-13%)    TBT(-4%)    IGOV(1%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -0.505% (StdDev 1.01%)
Hourly BBV -0.6 ()
Intraday Trend 0%

5 Day Moving Average   $358.37(-0.16%)
10 Day Moving Average   $355.63(0.61%)
20 Day Moving Average   $349.94(2.24%)
To recent high   -0.9%
To recent low   12.9%
Market Cap   $N/A

Average Volume    million
BBV (position on Bollinger band)   1.2
One Month Target Price   > $357.79
(if BBV positive, VIX trend negative.)
Correction Price   < $339.72

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

$. The price is -0.9% 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 -2.8% away from the target price of 357.79.
$. QQQ price fluctuates within 1.91% (three month std-dev: 1.01%) daily (68% of days).

Sample size 31 Average positive next day return: 1.03%(55%) Average negative next day return: -1.07%(45%) Sample size 31 Average positive next three day return: 2.26%(55%) Average negative next three day return: -1.54%(45%) Sample size 31 Average positive next weekly return: 2.84%(58%) Average negative next weekly return: -1.74%(42%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20210808

i	Date	ema100	ema20	ema10	ema5	Slow Hourly Trend	Fast Hourly Trend	Close	Pattern	Trade	P	SMA5 BBV	WTF	lsma10 Trend	ema5 Trend	ema10 Trend	Volume millions	Quarterly Strength	100 Daily Trend	Daily Trend Force	Daily StdDev	Hourly BBV	BBV	RSI	VIXCD
1	Jul_8_2021	331.26	349.94	355.63	358.37	359.4	359.36	357.79(-0.87%)	UD	OpenLong	65	-0.1	3	10	-28	96	44.61	67%	0.07	88.5	1.01%	-0.6	1.2	74	-0.1
2	Jul_7_2021	331.02	348.91	354.65	357.71	358.52	360.53	360.94(0.22%)	UT	HoldLong	65	0.5	121	50	109	158	32.64	67%	0.08	85.9	1.01%	1.2	1.7	86	1
3	Jul_6_2021	330.76	347.7	353.3	356.46	356.91	359.43	360.13(0.4%)	UT	HoldLong	65	0.5	191	50	191	189	33.69	67%	0.07	86.2	1.01%	1.3	1.8	82	0.9
4	Jul_2_2021	330.52	346.49	351.68	355.19	355.57	356.51	358.71(1.25%)	UT	HoldLong	65	0.5	152	20	149	162	24.35	70%	0.08	85	1.03%	1.8	1.8	76	1.5
5	Jul_1_2021	330.27	345.33	350.14	353.35	354.32	354.39	354.28(-0.06%)	UD	OpenLong	75	0.1	47	10	28	102	26.62	68%	0.07	78.2	1.03%	0.3	1.3	76	1.7

6	Jun_30_2021	330.05	344.14	349.3	352.47	353.13	354.63	354.5(-0.06%)	UD	OpenLong	75	0.3	72	40	58	114	26.96	71%	0.07	72.4	1.06%	0.9	1.5	77	1.5
7	Jun_29_2021	329.83	343.06	347.98	351.06	351.97	354.25	354.72(0.28%)	UT	HoldLong	65	0.5	175	50	181	158	25.77	71%	0.07	69.2	1.07%	1.3	1.7	81	1.4
8	Jun_28_2021	329.61	341.95	346.7	349.63	350.15	351.63	353.73(1.2%)	UT	HoldLong	65	0.7	143	30	144	140	31.34	71%	0.07	68.7	1.07%	1.9	1.9	80	1.7
9	Jun_25_2021	329.38	340.91	345.62	347.67	348.6	349.7	349.53(-0.1%)	UD	OpenLong	75	0.3	100	30	95	116	23.57	70%	0.06	70.6	1.06%	0.2	1.5	78	2
10	Jun_24_2021	329.18	340.08	344.75	346.44	347.2	348.66	349.87(0.69%)	UT	HoldLong	65	0.6	108	40	105	118	29.4	70%	0.07	70.3	1.06%	0.9	1.7	79	1.7

11	Jun_23_2021	328.94	339.24	343.77	345.67	345.58	347.5	347.46(-0.02%)	UD	OpenLong	75	0.3	105	40	98	124	24.35	70%	0.06	83.2	1.08%	1	1.6	83	1.7
12	Jun_22_2021	328.74	338.48	342.74	344.41	345.24	345.74	347.55(1.05%)	UT	OpenLong	75	0.6	145	20	146	140	25.97	72%	0.08	89.3	1.08%	2	1.8	74	1.4
13	Jun_21_2021	328.49	337.72	341.66	343.33	343.65	343.67	343.93(0.15%)	N/A	N/A	0	0.1	-11	0	-36	64	29.12	72%	0.09	100	1.09%	0.1	1.3	71	0.6
14	Jun_18_2021	328.21	336.88	340.93	343.26	343.17	344.75	343.4(-0.75%)	UD	OpenLong	75	0	66	30	53	105	50.26	64%	0.07	94.6	1.09%	-0.1	1.3	68	-0.2
15	Jun_17_2021	327.99	336.17	340.19	342.75	343.21	343.63	346(1.42%)	UT	OpenLong	75	0.7	130	10	129	132	53.57	64%	0.08	100.7	1.15%	1.8	2	75	1

16	Jun_16_2021	327.72	334.93	338.61	341.61	341.9	341.59	341.17(-0.29%)	N/A	N/A	0	-0.1	-20	-0	-43	51	51.26	63%	0.04	90.7	1.13%	-1.1	1.2	68	0.9
17	Jun_15_2021	327.59	334.03	337.81	340.76	341.68	342.8	342.17(-0.41%)	UD	OpenLong	75	0.2	71	30	65	89	30.83	63%	0.04	79.3	1.14%	0	1.4	72	1
18	Jun_14_2021	327.45	333.1	336.88	339.69	340.39	342.21	343.59(0.81%)	UT	OpenLong	75	0.7	120	40	125	105	22.02	63%	0.06	72.7	1.14%	1.8	1.8	75	1.4
19	Jun_11_2021	327.27	332.23	335.83	338.24	338.7	340.55	340.83(0.16%)	UT	HoldLong	65	0.5	116	40	121	101	18.61	65%	0.05	65.2	1.14%	1.1	1.6	80	1.4
20	Jun_10_2021	327.12	331.23	335.02	337.26	337.58	338.57	340.28(0.99%)	UT	OpenLong	75	0.5	108	20	112	94	29.17	65%	0.05	51.2	1.17%	1.6	1.6	71	1.2

21	Jun_9_2021	326.96	330.09	334.3	335.18	336.48	336.85	336.93(0.03%)	UT	HoldLong	65	0.3	64	20	60	74	18.77	69%	0.06	29.8	1.17%	0.4	1.2	78	1
22	Jun_8_2021	326.75	329.47	333.84	334.39	334.75	336.59	336.84(0.15%)	UT	OpenLong	75	0.4	53	40	46	74	22.63	64%	0.03	24.1	1.25%	1.2	1.3	73	1.2
23	Jun_7_2021	326.64	328.88	333.42	333.61	333.77	336.12	336.35(0.14%)	UT	OpenLong	75	0.5	137	50	144	117	28.04	64%	0.08	12.5	1.31%	1.1	1.4	69	1.4
24	Jun_4_2021	326.39	328.72	332.5	333.07	332.92	332.91	335.89(1.81%)	UT	OpenLong	75	0.5	75	-0	71	85	33.31	63%	0.07	7.9	1.32%	1.3	1.3	62	1.5
25	Jun_3_2021	326.17	328.4	331.82	332.51	332.36	331.43	329.92(-0.91%)	N/A	N/A	0	-0.5	-51	-20	-78	32	33.49	57%		-3.8	1.33%	-1.3	0.3	65	1.2
i	Date	ema100	ema20	ema10	ema5	Slow Hourly Trend	Fast Hourly Trend	Close	Pattern	Trade	P	SMA5 BBV	WTF	lsma10 Trend	ema5 Trend	ema10 Trend	Volume millions	Quarterly Strength	100 Daily Trend	Daily Trend Force	Daily StdDev	Hourly BBV	BBV	RSI	VIXCD

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