Trading Signals: QRVO Stock Price Prediction and Forecast

^ QRVO: Intraday Hourly Forecast Similar Waves GapOpen Research Timing Gains Losses Strategies Practice

Wed. Jun. 3, 2020

Trading Signals: QRVO Stock Price Prediction and Forecast (Mon. Oct. 26, 2015 - Fri. Dec. 22, 2023)

(Qorvo, Inc.)
QRVO latest price $112.9900 (3.02%) ($110.7000 - $115.2000) on Wed. Jun. 3, 2020.

Trend Analysis and Forecast

Average Daily Percentage Swing   5.53% (three month average)
RSI   67
Latest Price   $112.9900(3.02%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   QRVO advances 1.4% a day on average for past five trading days.
Weekly Trend   QRVO advances 4.5% a week on average for past two weeks.
Market Behavior   Value stock rally for large cap. Broad based rally for small cap.
Correlated ETFs   Broad market will support QRVO advance at 0% a week (0% probability)
FIVG(78%)    QQQ(70%)    IVW(69%)    IWF(69%)    IWO(68%)
Factors Impacting QRVO price   QRVO will decline at least -2.765% in a week (0% probabilities).
VIXM(-41%)    UUP(-24%)    VXX(-18%)    TLT(-2%)    IYT(-1%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -2.765% (StdDev 5.53%)
Hourly BBV 0 ()
Intraday Trend 2%

5 Day Moving Average   $106.55(6.04%)
10 Day Moving Average   $104.74(7.88%)
20 Day Moving Average   $102.1(10.67%)
To recent high   0%
To recent low   62.9%
Market Cap   $12.921b

Qorvo, Inc. engages in the provision of core technologies and radio frequency solutions for mobile, infrastructure, and aerospace or defense applications. It operates through the following reportable segments: Mobile Products and Infrastructure & Defense Products. The Mobile Products segment supplies of RF solutions that perform various functions in the increasingly complex cellular radio front end section of smartphones and other cellular devices. The Infrastructure & Defense Products segment supplier of RF solutions that support diverse global applications, including ubiquitous high-speed network connectivity to the cloud, data center communications, rapid internet connectivity throughout the home and workplace, and upgraded military capabilities across the globe. The firm's products include amplifiers, control products, discrete transistors and integrated circuits, filters and duplexers, frequency converters, integrated modules, optical components, oscillators, passives and switches. The company was founded on December 13, 2013 and is headquartered in Greensboro, NC.

$. QRVO price fluctuates within 4.07% (three month std-dev: 5.53%) daily (68% of days).

Sample size 49 Average positive next day return: 2.99%(43%) Average negative next day return: -2.64%(57%) Sample size 49 Average positive next three day return: 2.94%(47%) Average negative next three day return: -4.69%(53%) Sample size 49 Average positive next weekly return: 3.58%(53%) Average negative next weekly return: -7.22%(47%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20200703

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_3_2020	95.94	102.1	104.74	106.55	106.99	109.98	112.99(3.02%)	UT	OpenLong	75	1.5	56	210	52	69	2.42	56%	-0.03	63.9	5.53%	0	2.6	67	1.7
2	Jun_2_2020	95.97	101.29	103.24	105.09	104.58	106.18	109.68(4.88%)	UT	OpenLong	75	1.4	34	90	29	50	2.13	56%	-0.07	72.8	5.53%	0	2.5	59	1.3
3	Jun_1_2020	96.04	100.5	102.13	103.8	103.73	104	104.58(-0.15%)	UD	OpenLong	75	0.3	18	20	13	34	0.9	56%	-0.09	72.3	5.5%	0	1.3	53	1
4	May_29_2020	96.13	99.94	101.19	103.19	103.5	102.98	104.74(3.94%)	UT	OpenLong	75	0.5	8	-30	4	19	1.8	56%	-0.07	67.4	5.54%	0	1.4	52	1.3
5	May_28_2020	96.2	99.59	100.57	102.03	102.77	103.47	100.77(-4.65%)	N/A	N/A	0	-0.4	-2	70	-5	7	1.33	58%	-0.13	79.5	5.56%	0	0.4	51	0.9

6	May_27_2020	96.33	99.51	100.25	102.55	102.41	104.02	105.68(2.39%)	UT	OpenLong	75	1	25	110	26	22	1.4	58%	-0.05	104.7	5.58%	0	2	60	1.5
7	May_26_2020	96.38	98.88	99.68	101.08	101.78	102.06	103.21(1.64%)	UT	OpenLong	75	0.7	19	40	21	14	1.43	58%	-0.26	112.9	5.58%	0	1.4	58	1.3
8	May_22_2020	96.63	98.3	99.48	100.24	100.58	100.79	101.54(2.6%)	UT	OpenLong	75	0.4	3	20	1	9	1.12	58%	-0.15	97.3	5.49%	0	0.9	62	1.2
9	May_21_2020	96.78	97.74	99.57	98.88	100.09	101.5	98.97(-4.22%)	UD	OpenLong	75	0	19	140	19	17	1.61	57%	0.02	77.6	5.53%	0	0.3	61	1.1
10	May_20_2020	96.76	97.14	99.75	98.84	98.41	100.37	103.33(5.08%)	UT	OpenLong	75	0.9	25	130	26	23	1.72	56%	-0.13	69.3	5.52%	0	1.3	57	1.5

11	May_19_2020	96.89	96.32	99.22	97.64	97.19	98.68	98.33(-0.72%)	UD	OpenLong	75	0.1	17	90	19	12	1.24	56%	-0.19	56.2	5.49%	0	0.4	49	0.9
12	May_18_2020	97.07	95.53	99.18	98.11	97.12	96.44	99.04(4.57%)	UT	HoldLong	50	0.2	2	-80	-1	12	1.43	55%	-0.2	48.7	5.49%	0	0.6	60	1.4
13	May_15_2020	97.26	94.85	98.75	98.68	98.15	95.7	94.71(-4.15%)	CR	SmallShort	-20	-0.6	-25	-190	-35	5	1.68	55%	-0.24	50.6	5.47%	0	-0	58	1
14	May_14_2020	97.49	94.47	98.69	100.34	100.01	97.8	98.81(1.52%)	N/A	N/A	0	-0.2	-24	-160	-38	18	1.24	54%	0.01	59.9	5.49%	0	0.7	66	0.8
15	May_13_2020	97.48	93.88	98.62	100.74	102.11	100.59	97.33(-3.32%)	N/A	N/A	0	-0.5	-4	-60	-19	42	1.97	54%	-0.23	60.6	5.5%	0	0.5	70	0.1

16	May_12_2020	97.7	93.27	98.83	100.94	102.69	102.23	100.67(-1.21%)	UD	OpenLong	65	-0	12	20	-6	64	1.71	54%	-0.16	64.6	5.49%	0	1.1	74	1.2
17	May_11_2020	97.86	92.7	98.11	100.35	101.89	103.64	101.9(-1.07%)	UD	OpenLong	75	0.2	34	170	17	85	1.95	55%	-0.16	68.5	5.5%	0	1.4	80	2.3
18	May_8_2020	98.02	91.82	97.07	98.79	100.72	103.15	103(2.16%)	UT	OpenLong	75	0.7	63	230	51	98	2.89	55%	-0.15	73.2	5.47%	0	1.8	73	2
19	May_7_2020	98.17	90.8	95.75	96.82	97.76	100.14	100.82(2.56%)	UT	OpenLong	75	0.7	41	200	28	81	2.84	54%	-0.15	73.3	5.51%	0	1.7	68	1.4
20	May_6_2020	98.32	90.07	94.29	96.27	96.1	98.29	98.3(0.6%)	UT	OpenLong	75	0.4	40	150	27	79	2.16	54%	-0.17	88.7	5.52%	0	1.5	66	0.8

21	May_5_2020	98.49	89.24	93.15	96.48	95.84	95.38	97.71(3.79%)	UT	OpenLong	75	0.2	33	-50	17	81	1.89	55%	-0.18	94.1	5.53%	0	1.6	68	1.1
22	May_4_2020	98.67	88.47	91.55	95.57	95.88	93.91	94.14(1.06%)	N/A	N/A	0	-0.3	-2	-130	-20	52	1.41	55%	-0.2	95	5.52%	0	1.1	55	0.5
23	May_1_2020	98.87	87.48	90.64	95	95.9	96.3	93.15(-4.98%)	UD	OpenLong	65	-0.3	9	60	-7	55	2.2	55%	-0.23	74.7	5.48%	0	1	61	0.4
24	Apr_30_2020	99.1	86.67	89.96	94.35	95.07	97.84	98.03(-1.37%)	UD	OpenLong	75	0.6	53	230	45	77	2.46	53%	-0.16	63.7	5.48%	0	1.9	68	1.3
25	Apr_29_2020	99.26	85.5	88.77	91.93	92.56	95.5	99.39(6.71%)	UT	OpenLong	75	1.2	57	240	55	64	1.47	53%		50.8	5.48%	0	2.3	62	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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