Trading Signals: QQQ Stock Price Prediction and Forecast

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Thu. Nov. 16, 2023

Trading Signals: QQQ Stock Price Prediction and Forecast (Tue. Apr. 1, 2003 - Mon. May. 13, 2024)

(PowerShares QQQ ETF)
QQQ latest price $385.7400 (0.04%) ($385.7400 - $386.1900) on Thu. Nov. 16, 2023.

Trend Analysis and Forecast

Average Daily Percentage Swing   1.11% (three month average)
RSI   93
Latest Price   $385.7400(0.04%)
Stocks Behave Similarly   Similar Stock List
Top Holdings   Top Holding List
Daily Trend   QQQ advances 0.8% a day on average for past five trading days.
Weekly Trend   QQQ advances 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)
IVW(97%)    SPY(93%)    EEM(89%)    SMH(88%)    XLC(87%)
Factors Impacting QQQ price   QQQ will decline at least -0.555% in a week (0% probabilities).
VXX(-59%)    VIXM(-45%)    UUP(-22%)    TBT(-6%)    BLOK(-4%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -0.555% (StdDev 1.11%)
Hourly BBV 0.1 ()
Intraday Trend 0%

5 Day Moving Average   $382.35(0.89%)
10 Day Moving Average   $376.8(2.37%)
20 Day Moving Average   $365.46(5.55%)
To recent high   0%
To recent low   12.1%
Market Cap   $N/A

Average Volume    million
BBV (position on Bollinger band)   1.6
One Month Target Price   > $385.74
(if BBV positive, VIX trend negative.)
Correction Price   < $364.33

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 -1% away from the target price of 385.74.
$. QQQ price fluctuates within 3.56% (three month std-dev: 1.11%) daily (68% of days).

Sample size 8 Average positive next day return: 0.93%(38%) Average negative next day return: -1.26%(63%) Sample size 8 Average positive next three day return: 1.7%(63%) Average negative next three day return: -1.2%(38%) Sample size 8 Average positive next weekly return: 2.62%(88%) Average negative next weekly return: -1.14%(13%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20231216

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_16_2023	368.6	365.46	376.8	382.35	383.4	385.72	385.74(0.04%)	UT	HoldLong	65	0.3	126	50	85	249	42.43	51%	0.06	38.5	1.11%	0.1	1.6	93	1.5
2	Nov_15_2023	368.38	364.09	374.58	379.22	381.52	385.29	385.58(0.15%)	UT	HoldLong	65	0.5	314	90	305	341	48.7	51%	0.06	30.7	1.12%	0.7	1.8	93	1.6
3	Nov_14_2023	368.16	362.84	371.76	376.69	377.61	381.08	385(2.08%)	UT	HoldLong	65	0.7	256	70	239	307	61.87	52%	0.08	23.9	1.13%	1.5	2	80	1.5
4	Nov_13_2023	367.88	361.81	368.4	374.19	374.59	377.75	377.17(-0.29%)	UD	OpenLong	75	0.3	219	60	202	269	37.68	50%	0.04	19.1	1.11%	1	1.5	64	1.4
5	Nov_10_2023	367.74	361.3	365.67	372.54	373.43	374.14	378.28(2.22%)	UT	OpenLong	75	0.6	209	20	196	248	51.06	50%	0.04	16.7	1.11%	2.2	1.8	67	1.4

6	Nov_9_2023	367.61	360.53	362.36	370.45	371.07	371.43	370.05(-0.77%)	UD	OpenLong	65	-0	4	10	-39	132	52.22	47%	0.02	11.7	1.07%	-2.7	1.1	64	0.9
7	Nov_8_2023	367.53	360.43	359.85	369.11	370.55	372.73	372.93(0.11%)	UT	OpenLong	75	0.4	178	50	176	185	32.91	47%	0.02	13.2	1.08%	0.7	1.4	59	1.6
8	Nov_7_2023	367.47	360.21	357.51	365.94	368.16	370.71	372.53(0.98%)	UT	OpenLong	75	0.8	228	70	247	170	45.85	47%	0.01	9	1.08%	1.5	1.4	55	1.7
9	Nov_6_2023	367.42	359.91	355.98	361.66	363.95	368.37	368.9(0.29%)	UT	OpenLong	75	0.9	237	100	272	132	36.23	47%	0	3	1.08%	0.9	1.1	48	1.9
10	Nov_3_2023	367.41	359.7	354.52	357.7	359.5	365.6	367.84(1.23%)	UT	OpenLong	75	1.2	362	130	435	143	47.73	47%	-0.01	-6.9	1.08%	1.2	1	45	1.9

11	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
12	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
13	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
14	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
15	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

16	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
17	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
18	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
19	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
20	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

21	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
22	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
23	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
24	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
25	Oct_13_2023	367.29	362.45	364.33	368.37	368.89	367.76	365.31(-1.32%)	N/A	N/A	0	-0.5	-105	-20	-151	35	43.97	44%		-17.7	1.01%	-1.6	0.5	58	-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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