Trading Signals: QQQ Stock Price Prediction and Forecast

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Wed. Dec. 24, 2003

Trading Signals: QQQ Stock Price Prediction and Forecast (Tue. Apr. 1, 2003 - Tue. May. 21, 2024)

(PowerShares QQQ ETF)
QQQ latest price $35.9000 (0.17%) ($35.8000 - $36.0200) on Wed. Dec. 24, 2003.

Trend Analysis and Forecast

Average Daily Percentage Swing   1.29% (three month average)
RSI   51
Latest Price   $35.9000(0.17%)
Stocks Behave Similarly   Similar Stock List
Top Holdings   Top Holding List
Daily Trend   QQQ advances 0.6% a day on average for past five trading days.
Weekly Trend   QQQ advances 1.1% 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(76%)
Factors Impacting QQQ price   QQQ will decline at least -0.645% in a week (0% probabilities).
TLT(-27%)    SHY(-20%)    TIP(-11%)    REMX(-1%)    LQD(16%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -0.645% (StdDev 1.29%)
Hourly BBV 0 ()
Intraday Trend 0.2%

5 Day Moving Average   $35.67(0.64%)
10 Day Moving Average   $35.36(1.53%)
20 Day Moving Average   $35.3(1.7%)
To recent high   -0.1%
To recent low   10.7%
Market Cap   $N/A

Average Volume    million
BBV (position on Bollinger band)   1.4
One Month Target Price   > $36.69
(if BBV positive, VIX trend negative.)
Correction Price   < $34.32

Fed Fund Rate   % ()
Yield Curve    (0)
Credit Spread    (0)

$. The price is -0.1% 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 2.2% away from the target price of 36.69.
$. QQQ price fluctuates within 1.19% (three month std-dev: 1.29%) 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

> 20040124

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	Dec_24_2003	34.15	35.3	35.36	35.67			35.9(0.17%)	UT	OpenLong	75	0.5	20	-10000	9	52	44.84	54%	0.18	67.2	1.29%	0	1.4	51	0
2	Dec_23_2003	34.09	35.26	35.23	35.47			35.84(0.76%)	UT	OpenLong	75	0.9	13	-10000	8	28	67.06	56%	0.12	73	1.38%	0	1.5	55	0
3	Dec_22_2003	34.05	35.22	35.08	35.27			35.57(0.31%)	UT	OpenLong	75	0.8	6	-10000	7	1	63.62	54%	0.12	69.5	1.39%	0	0.9	47	0
4	Dec_19_2003	34.01	35.16	35.04	35.11			35.46(-0.28%)	DP	OpenShort	-65	0.8	-3	-10000	2	-19	89.77	54%	0.12	42.9	1.42%	0	0.7	44	0
5	Dec_18_2003	33.97	35.08	35	35.07			35.56(1.86%)	DP	OpenShort	-65	1	-5	-10000	2	-27	90.03	55%	0.12	16.8	1.42%	0	1	51	0

6	Dec_17_2003	33.93	35.02	34.99	35.02			34.91(0.17%)	DT	HoldShort	-50	-0.2	-5	-10000	3	-27	68.58	54%	0.09	-0.7	1.41%	0	-0.2	46	0
7	Dec_16_2003	33.9	35.02	35.02	34.95			34.85(0.2%)	DT	HoldShort	-50	-0.2	-5	-10000	4	-32	89.9	56%	0.09	-12.9	1.41%	0	-0.2	47	0
8	Dec_15_2003	33.87	34.97	35.1	34.86			34.78(-1.31%)	DT	OpenShort	-75	-0.1	-12	-10000	-4	-34	106.26	56%	0.09	-21.1	1.45%	0	-0.3	47	0
9	Dec_12_2003	33.84	34.98	35.21	34.95			35.24(-0.17%)	DP	OpenShort	-65	0.5	-1	-10000	2	-9	72.23	56%	0.12	-21.1	1.45%	0	0.4	62	0
10	Dec_11_2003	33.8	35	35.22	34.91			35.3(2.14%)	N/A	N/A	0	0.7	-2	-10000	-3	2	108.45	56%	0.12	-24	1.45%	0	0.5	65	0

11	Dec_10_2003	33.76	35.02	35.23	34.98			34.56(0.38%)	N/A	N/A	0	-0.7	0	-10000	-6	18	103.57	51%	0.09	-20.9	1.43%	0	-0.7	56	0
12	Dec_9_2003	33.73	35.05	35.3	35.12			34.43(-2.3%)	UD	OpenLong	65	-1.1	2	-10000	-10	39	110.02	51%	0.12	-18.4	1.46%	0	-1	59	0
13	Dec_8_2003	33.69	35.09	35.38	35.37			35.24(0.57%)	UD	OpenLong	65	-0.2	13	-10000	-5	66	87.16	56%	0.12	-11.1	1.44%	0	0.2	56	0
14	Dec_5_2003	33.65	35.1	35.3	35.5			35.04(-1.66%)	UD	OpenLong	65	-0.8	15	-10000	-3	67	87.64	56%	0.12	-2.3	1.45%	0	-0.1	50	0
15	Dec_4_2003	33.61	35.14	35.2	35.57			35.63(1.08%)	UT	OpenLong	75	0.1	16	-10000	2	56	102.49	58%	0.09	4.9	1.44%	0	0.8	47	0

16	Dec_3_2003	33.58	35.15	35.06	35.51			35.25(-1.26%)	UD	OpenLong	75	-0.4	9	-10000	0	35	107.87	58%	0.09	6	1.44%	0	0.2	44	0
17	Dec_2_2003	33.55	35.15	34.93	35.5			35.7(-0.56%)	UD	OpenLong	75	0.3	9	-10000	4	23	65.09	59%	0.12	6.5	1.43%	0	0.8	55	0
18	Dec_1_2003	33.51	35.16	34.82	35.4			35.9(1.47%)	UT	OpenLong	75	0.8	14	-10000	13	15	82.83	59%	0.12	12.4	1.44%	0	1.1	55	0
19	Nov_28_2003	33.47	35.12	34.72	35.06			35.38(0.11%)	N/A	N/A	0	0.5	5	-10000	12	-15	24.81	58%	0.15	5.6	1.43%	0	0.4	46	0
20	Nov_26_2003	33.42	35.12	34.74	34.76			35.34(0.45%)	DP	OpenShort	-65	0.9	-3	-10000	9	-38	72.88	58%	0.09	0.6	1.42%	0	0.4	43	0

21	Nov_25_2003	33.39	35.11	34.77	34.54			35.18(0%)	DP	OpenShort	-65	1	-5	-10000	11	-54	72.58	58%	0.09	-4	1.42%	0	0.1	43	0
22	Nov_24_2003	33.36	35.12	34.75	34.28			35.18(2.78%)	DP	OpenShort	-65	1.4	-17	-10000	4	-80	92.21	58%	0.06	-14.1	1.42%	0	0.1	47	0
23	Nov_21_2003	33.34	35.07	34.74	34.18			34.23(1.03%)	DP	OpenShort	-75	0.1	-31	-10000	-7	-101	81.83	55%	0.12	-23.2	1.39%	0	-1.2	36	0
24	Nov_20_2003	33.3	35.08	34.88	34.34			33.88(-0.96%)	DT	OpenShort	-75	-0.7	-35	-10000	-16	-91	117.42	55%	0.09	-19.1	1.39%	0	-1.8	40	0
25	Nov_19_2003	33.27	35.11	35.09	34.72			34.21(0.97%)	DP	OpenShort	-75	-0.8	-25	-10000	-13	-60	86.62	55%		-13.2	1.38%	0	-1.4	41	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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