Trading Signals: QQQ Stock Price Prediction and Forecast

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Thu. May. 29, 2003

Trading Signals: QQQ Stock Price Prediction and Forecast (Tue. Apr. 1, 2003 - Fri. May. 24, 2024)

(PowerShares QQQ ETF)
QQQ latest price $29.3100 (0.41%) ($29.1600 - $29.8000) on Thu. May. 29, 2003.

Trend Analysis and Forecast

Average Daily Percentage Swing   1.51% (three month average)
RSI   67
Latest Price   $29.3100(0.41%)
Stocks Behave Similarly   Similar Stock List
Top Holdings   Top Holding List
Daily Trend   QQQ advances 1.2% a day on average for past five trading days.
Weekly Trend   QQQ advances 0.6% a week on average for past two weeks.
Market Behavior   Normal for large cap. Normal for small cap.
Correlated ETFs   Broad market will support QQQ advance at 0% a week (0% probability)
XLK(92%)    SPY(91%)    XLY(84%)    IWM(82%)    EEM(75%)
Factors Impacting QQQ price   QQQ will decline at least -0.755% in a week (0% probabilities).
TLT(-27%)    SHY(-20%)    REMX(-0%)    LQD(15%)    OIH(50%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -0.755% (StdDev 1.51%)
Hourly BBV 0 ()
Intraday Trend 0.3%

5 Day Moving Average   $28.76(1.91%)
10 Day Moving Average   $28.47(2.95%)
20 Day Moving Average   $28.38(3.28%)
To recent high   0%
To recent low   15.2%
Market Cap   $N/A

Average Volume    million
BBV (position on Bollinger band)   1.8
One Month Target Price   > $29.31
(if BBV positive, VIX trend negative.)
Correction Price   < $27.1

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 -0.1% away from the target price of 29.31.
$. QQQ price fluctuates within 1.87% (three month std-dev: 1.51%) daily (68% of days).

Sample size 0 Average positive next day return: 0%(0%) Average negative next day return: 0%(0%) Sample size 0 Average positive next three day return: 0%(0%) Average negative next three day return: %(0%) Sample size 0 Average positive next weekly return: 0%(0%) Average negative next weekly return: 0%(0%)

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	May_29_2003	27.44	28.38	28.47	28.76			29.31(0.41%)	UT	OpenLong	75	1	19	-10000	15	31	97.64	69%	0.18	63.1	1.51%	0	1.8	67	0
2	May_28_2003	27.39	28.29	28.39	28.43			29.19(0.31%)	UT	OpenLong	75	1.5	12	-10000	13	9	76.4	69%	0.15	45.7	1.53%	0	1.7	58	0
3	May_27_2003	27.35	28.21	28.32	28.15			29.1(3.56%)	N/A	N/A	0	1.9	7	-10000	13	-12	101.58	69%	0.18	35.1	1.55%	0	1.8	53	0
4	May_23_2003	27.3	28.13	28.28	27.87			28.1(0.04%)	DP	OpenShort	-75	0.4	-14	-10000	-6	-36	37.94	65%	0.07	23.2	1.48%	0	-0.1	49	0
5	May_22_2003	27.28	28.08	28.32	27.99			28.09(1.44%)	DP	OpenShort	-75	0.2	-11	-10000	-8	-18	62.48	65%	0.07	30.2	1.5%	0	0	56	0

6	May_21_2003	27.26	28.08	28.29	28.15			27.69(-0.29%)	DT	OpenShort	-75	-0.9	-8	-10000	-9	-4	64.12	65%	0.07	49.7	1.5%	0	-0.7	53	0
7	May_20_2003	27.24	28.05	28.36	28.34			27.77(0.29%)	N/A	N/A	0	-1	-1	-10000	-8	21	72.02	65%	0.04	70.4	1.52%	0	-0.5	56	0
8	May_19_2003	27.23	28.04	28.45	28.51			27.69(-3.52%)	UD	OpenLong	65	-1.4	4	-10000	-10	45	91.77	65%	0.07	84.6	1.55%	0	-0.6	52	0
9	May_16_2003	27.21	28.01	28.52	28.74			28.7(-0.76%)	UD	OpenLong	75	-0.1	23	-10000	2	86	70.65	74%	0.15	105.5	1.41%	0	1.1	65	0
10	May_15_2003	27.17	27.92	28.42	28.69			28.92(1.12%)	UT	OpenLong	75	0.4	33	-10000	11	97	62.5	74%	0.22	108.4	1.42%	0	1.6	72	0

11	May_14_2003	27.11	27.79	28.3	28.46			28.6(-0.21%)	UD	OpenLong	75	0.2	22	-10000	3	78	62.24	74%	0.18	97.1	1.44%	0	1.2	61	0
12	May_13_2003	27.06	27.67	28.19	28.39			28.66(-0.62%)	UD	OpenLong	75	0.4	19	-10000	1	71	65.19	74%	0.19	91.9	1.46%	0	1.4	60	0
13	May_12_2003	27.01	27.54	28.09	28.38			28.84(1.51%)	UT	OpenLong	75	0.6	23	-10000	5	77	67.62	74%	0.26	87.3	1.47%	0	1.7	63	0
14	May_9_2003	26.94	27.38	27.95	28.27			28.41(2.3%)	UT	OpenLong	75	0.2	25	-10000	7	77	58.58	73%	0.19	75.3	1.48%	0	1.3	65	0
15	May_8_2003	26.89	27.25	27.81	28.12			27.77(-1.84%)	UD	OpenLong	75	-0.4	17	-10000	1	66	80.34	69%	0.15	64.6	1.47%	0	0.6	62	0

16	May_7_2003	26.85	27.14	27.79	28.11			28.29(-1.12%)	UD	OpenLong	75	0.2	29	-10000	9	89	70.38	77%	0.19	55.2	1.43%	0	1.3	74	0
17	May_6_2003	26.8	27.03	27.72	27.94			28.61(1.27%)	UT	HoldLong	65	0.8	31	-10000	9	96	77.63	77%	0.3	54.7	1.42%	0	1.8	77	0
18	May_5_2003	26.72	26.9	27.59	27.76			28.25(2.02%)	UT	HoldLong	65	0.6	32	-10000	8	102	80.68	77%	0.26	0	1.44%	0	1.6	77	0
19	May_2_2003	26.65	26.78	27.46	27.61			27.69(0%)	UT	HoldLong	50	0.1	34	-10000	8	111	0	74%	0.15	0	1.43%	0	1.2	78	0
20	May_1_2003	26.61	26.72	27.37	27.46			27.69(0.87%)	UT	OpenLong	75	0.3	30	-10000	2	112	66.07	74%	0.23	0	1.46%	0	1.3	72	0

21	Apr_30_2003	26.55	26.65	27.23	27.42			27.45(-1.01%)	UD	OpenLong	65	0	29	-10000	-1	118	60.44	74%	0.15	0	1.5%	0	1.1	74	0
22	Apr_29_2003	26.51	26.55	27.12	27.45			27.73(0.91%)	UT	OpenLong	75	0.4	35	-10000	3	129	80.37	74%	0.23	0	1.5%	0	1.6	66	0
23	Apr_28_2003	26.45	26.55	26.95	27.39			27.48(1.97%)	UT	OpenLong	75	0.1	4	-10000	5	2	59.69	74%	0.23	0	1.54%	0	39.8	64	0
24	Apr_25_2003	26.39	26.55	26.76	27.28			26.95(-1.93%)	N/A	N/A	0	-0.5	1	-10000	1	0	63.36	70%	0.11	0	1.53%	0	40.2	61	0
25	Apr_24_2003	26.36	26.55	26.65	27.26			27.48(-0.54%)	UD	OpenLong	75	0.3	11	-10000	13	5	72.54	81%		0	1.47%	0	41	60	0
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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