Trading Signals: QQQ Stock Price Prediction and Forecast

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Thu. Mar. 7, 2024

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

(PowerShares QQQ ETF)
QQQ latest price $446.1750 (1.66%) ($446.1750 - $446.1750) on Thu. Mar. 7, 2024.

Trend Analysis and Forecast

Average Daily Percentage Swing   0.99% (three month average)
RSI   60
Latest Price   $446.1750(1.66%)
Stocks Behave Similarly   Similar Stock List
Top Holdings   Top Holding List
Daily Trend   QQQ advances 0.3% a day on average for past five trading days.
Weekly Trend   QQQ advances 1.3% 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)
IVW(98%)    SPY(93%)    SMH(87%)    IWO(70%)    DIA(63%)
Factors Impacting QQQ price   QQQ will decline at least -0.495% in a week (0% probabilities).
VXX(-68%)    VIXM(-49%)    UUP(-16%)    TLT(-5%)    XLE(7%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -0.495% (StdDev 0.99%)
Hourly BBV 1.4 ()
Intraday Trend 0%

5 Day Moving Average   $442.19(0.9%)
10 Day Moving Average   $439.86(1.44%)
20 Day Moving Average   $436.16(2.3%)
To recent high   0%
To recent low   14.2%
Market Cap   $N/A

Average Volume    million
BBV (position on Bollinger band)   1.8
One Month Target Price   > $446.18
(if BBV positive, VIX trend negative.)
Correction Price   < $424.09

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 -4.3% away from the target price of 446.18.
$. QQQ price fluctuates within 1.28% (three month std-dev: 0.99%) daily (68% of days).

Sample size 37 Average positive next day return: 0.89%(51%) Average negative next day return: -0.87%(49%) Sample size 37 Average positive next three day return: 1.35%(59%) Average negative next three day return: -1.73%(41%) Sample size 37 Average positive next weekly return: 1.94%(68%) Average negative next weekly return: -2.06%(32%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20240407

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	Mar_7_2024	403.17	436.16	439.86	442.19	441.14	442.54	446.18(1.66%)	UT	OpenLong	75	0.7	257	20	280	189	35.77	70%	0.22	64.1	0.99%	1.4	1.8	60	1
2	Mar_6_2024	402.3	435.4	439.02	440.83	441.03	437.19	438.91(0.65%)	N/A	N/A	0	-0.4	-91	-60	-129	23	42.04	68%	0.18	76.3	0.99%	-0.5	0.7	56	0.4
3	Mar_5_2024	401.56	434.86	437.8	440.1	441.16	439.73	436.07(-1.8%)	DT	OpenShort	-75	-0.8	-203	-20	-259	-36	57.64	68%	0.17	73	0.99%	-1.7	0.2	60	1
4	Mar_4_2024	400.87	434.52	436.98	440.38	441.1	444.87	444.06(-0.38%)	UD	OpenLong	75	0.7	168	60	179	134	32.25	72%	0.2	74.4	0.95%	0.8	1.8	57	1.6
5	Mar_1_2024	400.05	433.78	435.59	438.98	439.47	442.59	445.75(1.45%)	UT	OpenLong	75	1.4	308	50	350	183	37.97	72%	0.2	79.1	0.96%	1.8	2.4	56	1.4

6	Feb_29_2024	399.26	432.59	434.34	437.25	437.3	437.33	439.38(0.95%)	UT	OpenLong	75	0.4	69	0	71	62	36.69	71%	0.18	69.4	0.95%	1.5	1.4	56	1.5
7	Feb_28_2024	398.55	431.51	433.69	437.08	436.72	436.35	435.24(-0.51%)	CR	SmallShort	-20	-0.3	-47	-10	-65	9	29.66	70%	0.17	51.5	0.94%	-1.4	0.7	54	1.4
8	Feb_27_2024	397.86	431.02	432.96	435.09	437.54	437.27	437.46(0.09%)	UT	OpenLong	75	0.4	104	10	117	66	30.22	70%	0.19	43.5	0.94%	0.4	1.1	60	1.6
9	Feb_26_2024	397.12	430.53	432.68	432.92	434.5	437.09	437.07(-0.01%)	UD	OpenLong	75	0.8	47	50	52	31	30.22	70%	0.19	39.4	0.94%	-0.2	1.2	58	1.3
10	Feb_23_2024	396.37	429.86	432.59	431.59	431.89	437.81	437.12(-0.32%)	UD	OpenLong	75	1	317	100	370	157	35.06	70%	0.21	35.7	0.94%	0.6	1.3	57	1.8

11	Feb_22_2024	395.55	429.29	432.07	431.06	430.22	431.9	438.51(3.11%)	UT	OpenLong	75	1.4	305	20	353	160	45.19	70%	0.21	46.3	0.94%	1.6	1.8	65	0.9
12	Feb_21_2024	394.73	428.62	431.33	430.06	429.2	425.97	425.28(-0.32%)	DT	OpenShort	-75	-1	-180	-60	-221	-55	41.22	66%	0.19	63.1	0.87%	-1	-0.7	62	-0.3
13	Feb_20_2024	394	428.58	431.68	430.51	431.26	428.54	426.64(-0.88%)	DT	OpenShort	-75	-0.8	-195	-40	-241	-55	46.56	67%	0.26	79.5	0.87%	-1.1	-0.4	53	0.1
14	Feb_16_2024	392.96	428.38	432	432.26	431.49	432.43	430.43(-0.92%)	CR	SmallShort	-20	-0.4	-105	10	-141	4	47.24	70%	0.19	95	0.86%	-1	0.4	52	1.4
15	Feb_15_2024	392.21	427.94	431.99	433.61	432.73	433.99	434.43(0.21%)	UT	OpenLong	75	0.1	175	10	181	157	34.93	72%	0.21	99.3	0.85%	1.3	1.1	59	1.6

16	Feb_14_2024	391.39	426.91	430.82	433.22	433.41	430.55	433.52(1.4%)	N/A	N/A	0	0	-18	-40	-43	59	41.46	74%	0.21	86.1	0.85%	0.1	0.9	56	1.2
17	Feb_13_2024	390.57	425.66	429.26	432.88	433.14	431.47	427.54(-1.8%)	DT	OpenShort	-75	-0.7	-251	-30	-313	-65	57.33	73%	0.18	80	0.87%	-1.8	0.2	52	-0.3
18	Feb_12_2024	389.87	424.82	429.09	432.9	434.21	436.28	435.39(-0.4%)	UD	OpenLong	75	0.3	157	40	165	133	30.8	79%	0.21	81.5	0.83%	-0	1.4	62	1.6
19	Feb_9_2024	389.07	423.54	428.29	431.62	432.28	434.82	437.16(1.08%)	UT	OpenLong	75	0.7	213	50	232	156	33.45	80%	0.21	83.6	0.87%	1.8	1.7	66	1.3
20	Feb_8_2024	388.25	422.13	426.89	430.18	430.23	432.15	432.48(0.15%)	UT	OpenLong	75	0.3	159	30	171	124	26.54	80%	0.18	87.7	0.87%	0.9	1.3	63	2.3

21	Feb_7_2024	387.55	420.93	426.2	428.1	429.61	429.75	431.82(0.97%)	UT	OpenLong	75	0.5	177	10	191	134	34.55	80%	0.17	85.8	0.87%	1.5	1.4	70	2.3
22	Feb_6_2024	386.91	419.63	425.54	425.13	426.9	428.32	427.67(-0.3%)	UD	OpenLong	75	0.3	39	40	29	70	33.87	79%	0.15	76.8	0.87%	-0.7	1	72	2.3
23	Feb_5_2024	386.32	418.53	425.12	424.64	424.21	429.47	428.96(-0.24%)	UD	OpenLong	75	0.5	242	80	262	182	37.28	79%	0.16	71.3	0.87%	0.8	1.2	70	1.9
24	Feb_2_2024	385.72	416.97	424.38	424.47	423.28	425.49	429.98(1.87%)	UT	OpenLong	75	0.6	362	30	398	255	52.04	81%	0.14	58.1	0.87%	1.7	1.4	71	-0.4
25	Feb_1_2024	385.18	415.31	423.47	423.24	422.82	418.96	422.07(1.23%)	N/A	N/A	0	-0.1	-102	-70	-151	44	50.29	81%		45.3	0.87%	0.1	0.7	67	-0.3
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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