Trading Signals: QQQ Stock Price Prediction and Forecast

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Thu. Jun. 1, 2023

Trading Signals: QQQ Stock Price Prediction and Forecast (Tue. Apr. 1, 2003 - Fri. Apr. 26, 2024)

(PowerShares QQQ ETF)
QQQ latest price $351.8250 (1.17%) ($351.8250 - $351.8250) on Thu. Jun. 1, 2023.

Trend Analysis and Forecast

Average Daily Percentage Swing   1.12% (three month average)
RSI   79
Latest Price   $351.8250(1.17%)
Stocks Behave Similarly   Similar Stock List
Top Holdings   Top Holding List
Daily Trend   QQQ advances 1.2% a day on average for past five trading days.
Weekly Trend   QQQ advances 3.1% a week on average for past two weeks.
Market Behavior   Broad based 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%)    VUG(98%)    IVW(95%)    XLK(95%)    SPY(92%)
Factors Impacting QQQ price   QQQ will decline at least -0.56% in a week (0% probabilities).
VXX(-61%)    VIXM(-55%)    TBT(-27%)    UUP(-26%)    EDOC(-12%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -0.56% (StdDev 1.12%)
Hourly BBV 1.5 ()
Intraday Trend 0%

5 Day Moving Average   $347.51(1.24%)
10 Day Moving Average   $341.72(2.96%)
20 Day Moving Average   $333.58(5.47%)
To recent high   0%
To recent low   22.1%
Market Cap   $N/A

Average Volume    million
BBV (position on Bollinger band)   1.8
One Month Target Price   > $351.83
(if BBV positive, VIX trend negative.)
Correction Price   < $332.13

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 -10.9% away from the target price of 351.83.
$. QQQ price fluctuates within 3.02% (three month std-dev: 1.12%) daily (68% of days).

Sample size 50 Average positive next day return: 0.99%(50%) Average negative next day return: -1.02%(50%) Sample size 50 Average positive next three day return: 2.36%(56%) Average negative next three day return: -1.47%(44%) Sample size 50 Average positive next weekly return: 3.6%(50%) Average negative next weekly return: -1.67%(50%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20230701

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	Jun_1_2023	309.81	333.58	341.72	347.51	349.46	349.8	351.83(1.17%)	UT	HoldLong	65	0.4	173	20	155	228	46.02	86%	0.25	71.2	1.12%	1.5	1.8	79	2
2	May_31_2023	309.03	331.84	339.65	343.45	346.43	348.62	347.77(-0.49%)	UD	OpenLong	75	0.4	121	70	101	182	56.84	85%	0.25	65.6	1.12%	-0.5	1.7	78	1.2
3	May_30_2023	308.25	330.39	337.61	340.62	342.37	349.12	349.47(0.2%)	UT	HoldLong	65	1	316	150	334	261	67.89	85%	0.39	65.8	1.13%	0.9	2.1	82	1.3
4	May_26_2023	307.05	328.96	335.28	338.21	338.4	344.24	348.77(2.67%)	UT	HoldLong	65	1.3	427	120	469	300	55.77	85%	0.29	71	1.13%	1.5	2.5	78	0.8
5	May_25_2023	306.16	327.55	332.84	335.74	335.57	335.63	339.7(2.46%)	UT	OpenLong	75	0.6	165	-0	165	166	63	84%	0.25	79.1	1.09%	1.4	1.8	73	0.2

6	May_24_2023	305.4	326.55	331.47	335.22	334.75	332.57	331.55(-0.61%)	CR	SmallShort	-20	-0.5	-122	-50	-177	44	53.12	76%	0.22	79.9	1.07%	-1	0.7	74	-0.2
7	May_23_2023	304.72	325.61	330.88	335.18	336.16	335.52	333.6(-1.14%)	N/A	N/A	0	-0.2	-4	-0	-42	109	43.24	76%	0.1	69.4	1.1%	-2.3	1.1	75	0.9
8	May_22_2023	304.42	324.46	329.73	333.92	335.61	336.93	337.44(0.3%)	UT	HoldLong	65	0.5	105	40	88	156	37.56	80%	0.24	60.1	1.09%	1	1.8	76	1.2
9	May_19_2023	303.69	323.33	328.31	331.75	333.06	336.81	336.43(-0.2%)	UD	OpenLong	75	0.7	186	90	189	177	54.92	73%	0.24	54.7	1.13%	0.8	1.9	69	1.6
10	May_18_2023	302.96	322.29	326.91	329.47	330.6	334.28	337.09(1.73%)	UT	OpenLong	75	1.2	284	90	310	207	58.91	73%	0.26	48.5	1.14%	1.7	2.4	70	2.1

11	May_17_2023	302.17	321.19	324.8	327.3	327.56	329.31	331.37(1.26%)	UT	OpenLong	75	0.8	140	40	147	118	42.65	71%	0.23	44.2	1.13%	1.9	2	67	1.6
12	May_16_2023	301.47	320.51	323.4	326.03	326.28	326.92	327.26(0.21%)	UT	OpenLong	75	0.3	74	20	70	85	36.95	66%	0.09	48.3	1.13%	1.2	1.4	73	1.1
13	May_15_2023	301.2	320.07	322.62	324.9	325.72	325.81	326.59(0.48%)	UT	OpenLong	75	0.4	52	10	43	79	30.59	66%	0.21	48.2	1.15%	1.1	1.5	75	1.7
14	May_12_2023	300.58	319.64	322.14	324.3	324.46	325.65	325.03(-0.38%)	UD	OpenLong	75	0.2	28	30	13	73	39.61	68%	0.2	48.8	1.15%	-0.4	1.3	62	1.2
15	May_11_2023	299.97	319.28	321.82	323.88	324.1	325.63	326.26(0.39%)	UT	OpenLong	75	0.6	132	40	134	127	40.5	68%	0.18	49.6	1.16%	1.4	1.8	62	1.2

16	May_10_2023	299.42	318.88	321.2	321.89	323.27	323.27	325(1.05%)	UT	OpenLong	75	0.8	96	10	94	100	57.42	68%	0.19	40.3	1.17%	2.3	1.6	61	1.1
17	May_9_2023	298.84	318.27	319.94	320.38	321.09	322.57	321.62(-0.61%)	UT	HoldLong	50	0.3	8	40	-2	39	28.16	68%	0.18	24.1	1.17%	-0.9	0.9	53	0.7
18	May_8_2023	298.3	317.97	318.84	319.97	320.08	323.27	323.59(0.2%)	UT	OpenLong	75	1	163	70	184	98	32.9	64%	0.17	15.6	1.17%	1.1	1.6	55	1.2
19	May_5_2023	297.78	317.63	318.01	319.71	319.07	319.62	322.95(2.11%)	UT	OpenLong	75	1	102	10	115	63	45.11	66%	0.16	9.6	1.22%	1.7	1.6	55	1.1
20	May_4_2023	297.3	317.36	317.32	319.57	318.99	316.88	316.28(-0.38%)	DT	OpenShort	-75	-1.1	-90	-50	-110	-30	45.8	64%	0.1	13.4	1.2%	-1.3	-0.4	47	-0.1

21	May_3_2023	296.99	317.35	317.34	320.41	320.47	318.52	317.48(-0.65%)	DT	OpenShort	-75	-1	-97	-40	-119	-30	54.67	64%	0.1	25.8	1.21%	-1.3	0	47	1
22	May_2_2023	296.69	317.41	317.45	319.29	321.22	321.09	319.55(-0.85%)	UD	OpenLong	75	0.1	7	20	3	17	51.95	66%	0.12	33	1.22%	-1	0.7	61	1.1
23	May_1_2023	296.33	317.42	317.35	317.36	319.27	322.43	322.3(0.02%)	UT	OpenLong	75	1.6	108	90	126	54	36.55	69%	0.14	32.7	1.25%	0.9	1.6	60	1.8
24	Apr_28_2023	295.92	317.3	316.92	316.01	316.09	321.35	322.23(0.55%)	UT	OpenLong	75	2.1	203	120	240	91	54.52	66%	0.14	37.9	1.33%	1.2	1.6	56	1.9
25	Apr_27_2023	295.52	316.95	316.45	314.87	314.43	316.11	320.48(2.76%)	UT	OpenLong	75	2	186	30	223	75	54.17	66%		38.2	1.34%	1.9	1.2	53	1.3
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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