Trading Signals: QRVO Stock Price Prediction and Forecast

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Mon. Jul. 17, 2023

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

(Qorvo, Inc.)
QRVO latest price $107.7400 (2.72%) ($107.7400 - $107.7400) on Mon. Jul. 17, 2023.

Trend Analysis and Forecast

Average Daily Percentage Swing   1.88% (three month average)
RSI   67
Latest Price   $107.7400(2.72%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   QRVO advances 0.8% a day on average for past five trading days.
Weekly Trend   QRVO advances 2.5% a week on average for past two weeks.
Market Behavior   Growth 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)
SMH(69%)    FIVG(68%)    IWO(63%)    IWM(60%)    VFMO(60%)
Factors Impacting QRVO price   QRVO will decline at least -0.94% in a week (0% probabilities).
VXX(-38%)    VIXM(-30%)    UUP(-20%)    TBT(-14%)    GLD(2%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -0.94% (StdDev 1.88%)
Hourly BBV 2.2 ()
Intraday Trend 0%

5 Day Moving Average   $105.79(1.84%)
10 Day Moving Average   $103.37(4.23%)
20 Day Moving Average   $102.17(5.45%)
To recent high   0%
To recent low   20%
Market Cap   $12.32b

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 2.82% (three month std-dev: 1.88%) daily (68% of days).

Sample size 50 Average positive next day return: 1.14%(38%) Average negative next day return: -1.13%(62%) Sample size 50 Average positive next three day return: 1.69%(52%) Average negative next three day return: -2.33%(48%) Sample size 50 Average positive next weekly return: 2.18%(48%) Average negative next weekly return: -3.29%(52%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

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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_17_2023	97.51	102.17	103.37	105.79	106.18	106.32	107.74(2.72%)	UT	OpenLong	75	0.7	48	20	32	94	0.5	58%	0.07	48.6	1.88%	2.2	1.9	67	1.4
2	Jul_14_2023	97.44	101.88	102.77	105	105.25	105.96	104.89(-1.91%)	UD	OpenLong	75	-0	31	50	12	89	0.61	56%	0.02	53	1.86%	-1.1	1.2	66	1.2
3	Jul_13_2023	97.42	101.75	102.4	104.04	104.97	106.04	106.93(1.51%)	UT	OpenLong	75	1.2	92	100	87	105	0.55	58%	0.07	55.8	1.84%	1.6	2.1	60	1
4	Jul_12_2023	97.35	101.41	101.73	102.36	103.25	104.54	105.34(1.24%)	UT	OpenLong	75	1.4	62	110	61	65	1.33	58%	0.05	51.2	1.83%	1.3	1.8	58	1.1
5	Jul_11_2023	97.3	101.05	101.35	100.82	101.62	103.91	104.04(0.25%)	UT	OpenLong	75	1.6	73	180	82	44	0.84	58%	0.07	34.8	1.84%	1	1.5	51	-0.3

6	Jul_10_2023	97.23	100.79	100.82	100.62	100.01	101.95	103.78(3.66%)	UT	OpenLong	75	1.7	66	120	78	28	0.65	58%	0.01	36.4	1.84%	1.4	1.6	51	-0.5
7	Jul_7_2023	97.22	100.54	100.17	100.31	99.83	99.33	100.12(1.61%)	RB	SmallLong	20	-0.1	13	-50	23	-16	0.76	55%	-0.05	36.8	1.78%	1.3	-0.2	45	-0.3
8	Jul_6_2023	97.27	100.4	100.23	100.55	100.35	98.08	98.53(0.93%)	DP	OpenShort	-75	-1.1	-74	-160	-79	-59	1.1	55%	-0.07	34.6	1.79%	-0.6	-1	40	-0.6
9	Jul_5_2023	97.34	100.3	100.49	100.96	101.06	100.33	97.63(-5.26%)	DT	OpenShort	-75	-1.8	-79	-50	-87	-54	1.57	55%	-0.17	31.7	1.78%	-1.6	-1.4	45	0.9
10	Jul_3_2023	97.51	100.35	101.01	101.85	101.8	102.63	103.04(0.8%)	UT	OpenLong	75	0.5	35	60	38	26	0.78	57%	-0.01	47.2	1.73%	0	1.2	63	1.2

11	Jun_30_2023	97.52	100.11	101.01	101	101.57	101.8	102.22(0.89%)	UT	OpenLong	75	0.6	46	30	52	26	0.74	57%	-0.04	46.9	1.71%	1.6	1	58	1
12	Jun_29_2023	97.56	99.86	100.93	100	100.64	100.98	101.32(0.74%)	UT	OpenLong	75	0.6	7	40	9	1	0.49	60%	-0.04	41.4	1.71%	0.5	0.7	58	1
13	Jun_28_2023	97.6	99.74	101.06	99.91	99.61	101.34	100.58(-1.47%)	UD	OpenLong	75	0.3	27	110	27	25	0.69	60%	-0.09	45.4	1.75%	0.3	0.4	62	1.2
14	Jun_27_2023	97.69	99.72	101.07	99.99	99.68	100.31	102.08(3.33%)	UT	OpenLong	75	1	70	30	73	60	0.62	60%	0	58.1	1.74%	2.1	1.1	67	1.1
15	Jun_26_2023	97.69	99.34	100.7	100.12	99.4	97.88	98.79(1.58%)	N/A	N/A	0	-0.6	-43	-130	-61	11	1.02	56%	-0.09	59.1	1.71%	-0.1	-0.3	54	1

16	Jun_23_2023	97.78	99.12	100.77	100.88	100.46	99.05	97.25(-3.56%)	N/A	N/A	0	-1.7	-63	-110	-90	18	0.78	59%	-0.1	72.7	1.71%	-1.8	-0.9	49	1.1
17	Jun_22_2023	97.88	99	101	101.93	101.79	100.92	100.84(-0.15%)	N/A	N/A	0	-0.5	-13	-60	-39	67	0.77	64%	-0.14	84.8	1.7%	-0.8	0.8	64	1.4
18	Jun_21_2023	98.02	98.77	100.63	102.34	102.14	101.87	100.99(-1.7%)	N/A	N/A	0	-0.5	-5	-20	-31	72	0.6	64%	-0.07	86.1	1.72%	-1.5	0.8	55	1.3
19	Jun_20_2023	98.09	98.48	100.17	102.26	102.6	102.67	102.74(0.15%)	UT	OpenLong	75	0.2	44	10	30	84	0.74	67%	-0.19	89	1.72%	-0.9	1.5	56	1.2
20	Jun_16_2023	98.28	98.09	99.69	101.34	101.92	102.41	102.59(0.08%)	UT	OpenLong	75	0.5	36	50	23	75	0.83	69%	-0.1	91.5	1.74%	0.7	1.6	69	1.6

21	Jun_15_2023	98.38	97.59	99.25	100.66	100.81	102.54	102.51(-0.33%)	UD	OpenLong	75	0.7	62	120	53	89	0.99	69%	-0.18	89.6	1.78%	0	1.9	70	1.2
22	Jun_13_2023	98.56	97	98.69	99.93	100.05	101.43	102.85(2.24%)	UT	OpenLong	75	1	98	100	96	102	0.83	69%	-0.07	69.7	1.8%	1.2	2	69	1.3
23	Jun_12_2023	98.63	96.5	98.25	98.71	99.05	99.08	100.6(2.49%)	UT	OpenLong	75	0.7	44	10	36	66	0.73	67%	-0.01	61.7	1.78%	1.8	1.5	60	1.4
24	Jun_9_2023	98.64	95.99	98.16	97.8	98.24	98.67	98.16(-1.02%)	UT	HoldLong	50	0.1	12	40	-1	50	0.51	60%	-0.01	46	1.78%	-1.6	0.8	58	1.7
25	Jun_8_2023	98.65	95.63	97.81	97.77	97.7	99.02	99.17(0.31%)	UT	OpenLong	75	0.5	45	90	39	63	0.52	60%		37.7	1.84%	0.9	1.2	61	2
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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