Trading Signals: QQQ Stock Price Prediction and Forecast

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Thu. Nov. 2, 2023

Trading Signals: QQQ Stock Price Prediction and Forecast (Tue. Apr. 1, 2003 - Wed. May. 8, 2024)

(PowerShares QQQ ETF)
QQQ latest price $363.3650 (1.76%) ($363.3650 - $363.3650) on Thu. Nov. 2, 2023.

Trend Analysis and Forecast

Average Daily Percentage Swing   1.07% (three month average)
RSI   46
Latest Price   $363.3650(1.76%)
Stocks Behave Similarly   Similar Stock List
Top Holdings   Top Holding List
Daily Trend   QQQ advances 1.1% a day on average for past five trading days.
Weekly Trend   QQQ declines -1.6% 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)
VUG(99%)    IVW(97%)    XLK(95%)    SPY(93%)    XLC(92%)
Factors Impacting QQQ price   QQQ will decline at least -0.535% in a week (0% probabilities).
VXX(-61%)    VIXM(-50%)    TBT(-26%)    UUP(-23%)    UNG(-1%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -0.535% (StdDev 1.07%)
Hourly BBV 1.4 ()
Intraday Trend 0%

5 Day Moving Average   $353.09(2.91%)
10 Day Moving Average   $353.05(2.92%)
20 Day Moving Average   $359.48(1.08%)
To recent high   -3.9%
To recent low   5.6%
Market Cap   $N/A

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

$. QQQ price fluctuates within 2.27% (three month std-dev: 1.07%) daily (68% of days).

Sample size 3 Average positive next day return: 3.74%(33%) Average negative next day return: -0.83%(67%) Sample size 3 Average positive next three day return: 3.88%(100%) Average negative next three day return: %(0%) Sample size 3 Average positive next weekly return: 3.49%(100%) Average negative next weekly return: 0%(0%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20231202

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	Nov_2_2023	367.43	359.48	353.05	353.09	354.83	359.54	363.37(1.76%)	UT	OpenLong	75	1.3	351	110	439	88	50.98	42%	-0.01	-19.8	1.07%	1.4	0.5	46	1.9
2	Nov_1_2023	367.47	359.24	352.55	349.26	350.13	353.41	357.08(1.7%)	RB	SmallLong	20	1	170	70	239	-39	58.75	40%	-0.02	-32.7	1.08%	2.3	-0.3	37	1.6
3	Oct_31_2023	367.54	359.4	352.99	347.91	347.26	350.12	351.1(0.56%)	N/A	N/A	0	0.4	88	50	151	-102	44.12	37%	-0.02	-34.4	1.06%	1.7	-1	30	1.3
4	Oct_30_2023	367.63	359.67	354.53	349.56	347.07	346.86	349.14(1.27%)	DT	HoldShort	-50	-0.1	-8	-30	36	-138	50.27	37%	-0.01	-29.9	1.06%	1.7	-1.3	31	-0.1
5	Oct_27_2023	367.68	360.28	356.5	350.92	349.62	344.4	344.75(0.15%)	DP	OpenShort	-75	-0.8	-225	-120	-224	-228	58.86	38%	-0.02	-26.2	1.07%	-0.9	-2.1	30	-1.7

6	Oct_26_2023	367.77	361.1	358.63	352.92	352.46	347.27	344.22(-1.74%)	DT	OpenShort	-75	-1.3	-409	-110	-445	-301	68.4	38%	-0.01	-20.3	1.07%	-1.2	-2.5	32	-1.1
7	Oct_25_2023	367.81	361.91	361.29	356.15	355.07	354.85	350.32(-2.52%)	DT	OpenShort	-75	-1	-205	-10	-216	-170	57.97	40%	-0.01	-8.1	1.05%	-1.9	-2	45	-0.8
8	Oct_24_2023	367.86	362.25	363.42	358.69	357.51	357.64	359.37(0.97%)	N/A	N/A	0	0.1	57	-10	81	-17	38.94	43%	0.01	-3.3	1.01%	1.6	-0.5	51	0.4
9	Oct_23_2023	367.82	362.05	364.37	360.34	358.37	355.3	355.92(0.32%)	DP	OpenShort	-75	-0.8	-178	-80	-205	-97	54.84	43%	0.01	-7.9	1.01%	-0.6	-1.1	55	-0.7
10	Oct_20_2023	367.8	362.26	365.5	363.09	361.29	357.37	354.78(-1.54%)	DT	OpenShort	-75	-1.5	-270	-90	-323	-110	69.64	40%	0.01	-3.4	1.01%	-1.6	-1.4	47	-1.3

11	Oct_19_2023	367.77	362.48	365.5	365.2	365.03	361.43	360.34(-0.74%)	DT	OpenShort	-75	-0.9	-187	-70	-233	-47	66.06	42%	0.04	-3.5	1.03%	-2.2	-0.4	53	-1.4
12	Oct_18_2023	367.64	362.39	366.66	367.17	366.35	365.21	363.04(-1.25%)	DT	OpenShort	-75	-0.8	-180	-30	-231	-25	52.09	42%	0.04	-9.7	1.02%	-2	0.1	58	-0.7
13	Oct_17_2023	367.5	362.44	366.47	368.79	368.2	368.64	367.63(-0.55%)	UD	OpenLong	75	-0.2	48	0	30	103	46.08	43%	0	-8.6	1.02%	-0.2	0.9	67	0.5
14	Oct_16_2023	367.5	362.49	365.29	369.04	369.08	367.49	369.66(1.19%)	UT	HoldLong	50	0.1	20	-30	-5	95	37.88	43%	0.06	-9.6	1.02%	0.4	1.3	70	0.8
15	Oct_13_2023	367.29	362.45	364.33	368.37	368.89	367.76	365.31(-1.32%)	CR	SmallShort	-20	-0.5	-105	-20	-151	35	43.97	44%	0.07	-17.7	1.01%	-1.6	0.5	58	-1.3

16	Oct_12_2023	367.02	362.66	363.76	368.3	369.14	370.67	370.21(-0.25%)	UD	OpenLong	75	0.3	95	40	83	131	44.73	48%	0.11	-17.3	1.02%	0.1	1.2	65	0.3
17	Oct_11_2023	366.62	362.89	362.52	366.02	367.82	370.02	371.12(0.6%)	UT	OpenLong	75	0.8	203	60	216	165	34.78	48%	0.11	-22.6	1.04%	1.2	1.2	67	0.4
18	Oct_10_2023	366.22	362.93	360.86	363.8	364.74	367.61	368.91(0.71%)	UT	OpenLong	75	0.7	160	60	174	116	37.86	48%	0.09	-31.9	1.04%	1.5	0.9	53	0.2
19	Oct_9_2023	365.9	363.04	359.35	361	362.53	365.63	366.31(0.37%)	UT	OpenLong	75	0.7	234	70	276	109	40.87	48%	0.08	-44.1	1.03%	1.5	0.4	43	-0.1
20	Oct_6_2023	365.59	363.48	358.55	359.75	359.57	361.87	364.95(1.71%)	UT	OpenLong	75	0.7	130	40	161	35	66.01	48%	0.08	-48.3	1.03%	2.2	0.2	41	-0.7

21	Oct_5_2023	365.3	363.79	357.78	358.62	358.35	359.43	358.8(-0.35%)	N/A	N/A	0	0	74	20	104	-18	40.51	45%	0.08	-55.5	1.01%	1.2	-0.6	32	-0.7
22	Oct_4_2023	365.01	364.44	357.66	358.48	358.48	357.27	360.06(1.45%)	DP	OpenShort	-65	0.2	-5	-20	21	-83	47.61	45%	0.09	-58.1	1.01%	0.9	-0.6	27	-1
23	Oct_3_2023	364.67	365.13	358.01	357.45	357.98	357.28	354.9(-1.43%)	DT	OpenShort	-75	-0.3	-134	-10	-123	-167	60.24	43%	0.08	-59.6	1%	-1.9	-1.2	26	-2.1
24	Oct_2_2023	364.37	366.29	359.45	357.31	358.09	359.69	360.06(0.21%)	RB	SmallLong	20	0.3	50	40	96	-88	46.52	45%	0.1	-56	0.99%	0.3	-0.8	32	-1.1
25	Sep_29_2023	364.01	367.16	360.39	357.13	356.62	358.69	359.31(0.35%)	RB	SmallLong	20	0.3	60	40	111	-92	57.76	48%		-48.9	1.01%	0.6	-1	27	-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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