Trading Signals: QQQ Stock Price Prediction and Forecast

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Tue. Jul. 18, 2023

Trading Signals: QQQ Stock Price Prediction and Forecast (Tue. Apr. 1, 2003 - Mon. Apr. 29, 2024)

(PowerShares QQQ ETF)
QQQ latest price $386.0800 (0.84%) ($386.0800 - $386.0800) on Tue. Jul. 18, 2023.

Trend Analysis and Forecast

Average Daily Percentage Swing   1.05% (three month average)
RSI   83
Latest Price   $386.0800(0.84%)
Stocks Behave Similarly   Similar Stock List
Top Holdings   Top Holding List
Daily Trend   QQQ advances 1% a day on average for past five trading days.
Weekly Trend   QQQ advances 2% 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 -0.525% in a week (0% probabilities).
VXX(-64%)    VIXM(-57%)    TBT(-29%)    UUP(-27%)    USO(-2%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -0.525% (StdDev 1.05%)
Hourly BBV 2.3 ()
Intraday Trend 0%

5 Day Moving Average   $379.97(1.61%)
10 Day Moving Average   $374.21(3.17%)
20 Day Moving Average   $369.62(4.45%)
To recent high   0%
To recent low   24.6%
Market Cap   $N/A

Average Volume    million
BBV (position on Bollinger band)   2.3
One Month Target Price   > $386.08
(if BBV positive, VIX trend negative.)
Correction Price   < $365.81

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 -14.1% away from the target price of 386.08.
$. QQQ price fluctuates within 1.95% (three month std-dev: 1.05%) daily (68% of days).

Sample size 50 Average positive next day return: 0.82%(52%) Average negative next day return: -0.66%(48%) Sample size 50 Average positive next three day return: 1.72%(50%) Average negative next three day return: -1.59%(50%) Sample size 50 Average positive next weekly return: 1.87%(62%) Average negative next weekly return: -2.76%(38%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20230818

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_18_2023	331.98	369.62	374.21	379.97	381.84	384.47	386.08(0.84%)	UT	HoldLong	65	0.8	269	60	283	225	49.96	77%	0.29	62.6	1.05%	2.3	2.3	83	1.9
2	Jul_17_2023	331.02	368.61	372.52	376.36	378.49	380.93	382.85(1.01%)	UT	HoldLong	65	1	199	60	204	182	35.77	77%	0.29	67.5	1.05%	1.6	2.3	86	1.4
3	Jul_14_2023	330.06	367.89	371.12	373.02	374.82	379.21	379.01(-0.06%)	UD	OpenLong	75	1.1	238	100	255	186	48.94	77%	0.26	82.4	1.05%	0.4	2.1	70	1.2
4	Jul_13_2023	329.21	367.06	369.53	370.46	371.61	376.06	379.22(1.75%)	UT	OpenLong	75	1.9	333	90	374	209	42.27	79%	0.27	87.8	1.05%	1.5	2.7	64	1
5	Jul_12_2023	328.31	366.06	367.92	368.13	368.3	370.43	372.7(1.28%)	UT	OpenLong	75	1.3	177	40	195	121	56.61	78%	0.25	100	1.05%	1.4	1.8	64	1.1

6	Jul_11_2023	327.49	365.16	367.01	367.68	367.01	367.16	368.01(0.5%)	UT	OpenLong	75	0.1	34	-0	29	47	34.76	77%	0.13	104.4	1.05%	0.3	0.9	51	-0.3
7	Jul_10_2023	327.07	364.45	366.06	368.12	367.58	366.17	366.16(-0.02%)	DT	OpenShort	-75	-0.6	-50	-30	-66	-1	42.55	77%	0.21	104.1	1.06%	-0.6	0.5	47	-0.5
8	Jul_7_2023	326.38	363.65	365.76	368.88	368.6	366.87	366.22(-0.36%)	DT	OpenShort	-75	-0.6	-100	-40	-124	-27	45.29	77%	0.2	91.7	1.06%	-0.3	0.6	44	-0.3
9	Jul_6_2023	325.72	363.12	365.72	368.29	369.54	369	367.56(-0.77%)	CR	SmallShort	-20	-0.1	-19	-0	-29	10	45.03	77%	0.19	80.9	1.07%	-0.7	0.9	55	-0.6
10	Jul_5_2023	325.09	362.51	365.19	367.53	368.47	370.33	370.43(0.05%)	UT	OpenLong	75	0.5	61	40	66	45	31.11	77%	0.27	69.2	1.06%	0.6	1.3	62	0.9

11	Jul_3_2023	324.22	361.71	364.75	366.21	366.81	370.09	370.23(0.08%)	UT	OpenLong	75	0.7	195	70	222	114	19.29	77%	0.23	74.7	1.06%	0	1.4	67	1.2
12	Jun_30_2023	323.48	360.79	364.41	363.71	365.2	366.62	369.94(1.83%)	UT	OpenLong	75	1	208	40	237	119	51.52	78%	0.22	80.8	1.07%	1.5	1.5	68	1
13	Jun_29_2023	322.77	359.69	364.32	362.29	362.14	363.53	363.29(-0.13%)	UT	HoldLong	50	0.2	1	30	-12	38	42.39	78%	0.19	87.3	1.06%	-0	0.6	67	1
14	Jun_28_2023	322.16	359.03	364.34	362.82	362.04	363.79	363.76(-0.02%)	UD	OpenLong	75	0.1	122	30	126	110	41.8	78%	0.17	92.2	1.08%	0.7	0.7	59	1.2
15	Jun_27_2023	321.6	358.31	364.01	362.5	362.6	360.76	363.82(1.7%)	UT	OpenLong	75	0.2	43	-30	31	77	42.43	78%	0.2	96.3	1.08%	1.2	0.8	59	1.1

16	Jun_26_2023	320.97	357.16	363.15	363.11	362.18	360.29	357.73(-1.42%)	DT	OpenShort	-75	-0.8	-211	-40	-269	-35	51.32	77%	0.17	101.1	1.07%	-1.7	0.1	55	1
17	Jun_23_2023	320.44	355.98	362.84	365.14	364.48	364.43	362.87(-0.83%)	UD	OpenLong	65	-0.3	3	-10	-25	85	42.92	80%	0.17	106	1.05%	-0.5	1	63	1.1
18	Jun_22_2023	319.9	354.59	361.56	366.61	365.7	364.07	365.91(1.04%)	UD	OpenLong	65	-0.1	2	-40	-31	101	43.51	80%	0.21	103.5	1.05%	0.7	1.4	70	1.4
19	Jun_21_2023	319.24	353.18	360.47	366.08	366.12	364.53	362.15(-1.29%)	CR	SmallShort	-20	-0.4	-86	-30	-136	63	49.24	81%	0.22	92.6	1.07%	-1.2	0.9	65	1.3
20	Jun_20_2023	318.53	351.92	359.79	365.63	366.38	367.33	366.9(-0.26%)	UD	OpenLong	75	0.1	69	20	44	144	42.89	85%	0.32	89.2	1.06%	0.1	1.4	72	1.2

21	Jun_16_2023	317.51	350.42	358.53	363.09	364.67	367.71	367.85(-0.65%)	UD	OpenLong	75	0.4	219	70	220	217	80.87	86%	0.24	85.9	1.05%	1	1.6	79	1.6
22	Jun_15_2023	316.74	348.58	356.87	360.12	361.28	365.44	370.26(1.94%)	UT	HoldLong	65	1	288	90	300	252	71.14	86%	0.36	85	1.08%	0	2.1	86	1.2
23	Jun_13_2023	315.61	346.41	354.54	355.82	357.62	361.64	363.23(0.92%)	UT	HoldLong	65	0.7	301	90	319	245	52.11	86%	0.24	76.1	1.08%	1.3	1.6	80	1.3
24	Jun_12_2023	314.85	344.58	353.11	354.18	353.96	357.12	359.93(1.62%)	UT	OpenLong	75	0.6	203	60	203	204	36.19	86%	0.25	73.6	1.08%	2.1	1.5	72	1.4
25	Jun_9_2023	314.06	342.84	351.95	353.21	352.7	353.6	354.19(0.33%)	UT	OpenLong	75	0.1	137	10	121	183	48.76	81%		71.9	1.09%	0.8	1.1	70	1.7
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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