Trading Signals: QQQ Stock Price Prediction and Forecast

^ QQQ: Intraday Forecast Similar Waves Research Timing Gains Losses Strategies Practice

Fri. Sep. 1, 2006

Trading Signals: QQQ Stock Price Prediction and Forecast (Tue. Apr. 1, 2003 - Fri. Jan. 15, 2021)

(PowerShares QQQ ETF)
QQQ latest price $39.0800 (0.54%) ($38.9000 - $39.2100) on Fri. Sep. 1, 2006.

Trend Analysis and Forecast

Trend Pattern   Growing Uptrend
Trend Narrative   Uptrend
Average Daily Price Swing   $0.93 (2.45% one month average)
Average Daily Percentage Swing   1.17% (three month average)
Weekly Trend Force   0.2% (StdDev 1.17%)
Daily Moving Force   0.1%
Correction Force   Weak (0%)
Trend   0.22%
Latest Price   $39.0800(0.54%)
Forecasted Low Price   38.96(-0.3%)
Forecasted High Price   39.31(0.6%)
Direction of Next Movement   Range(0.3%)
% Change Needed to Confirm Correction   -100% (0)
% Change Needed for Trend Reversal   1.9%
Hourly Trend 0% [$0(0), $0(0)]
Complacency   0
Intraday Reversal Probability   N/A.
Daily Trend   QQQ advances 0.4% a day on average for past five trading days.
Weekly Trend   QQQ advances 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 (92% probability)
XLK(96%)    SPY(92%)    XLY(87%)    IWM(84%)    EEM(79%)
Factors Impacting QQQ price   QQQ will advance at least -0% in a week (27% probabilities).
TLT(-38%)    SHY(-28%)    TIP(-19%)    ARKK(-6%)    ACES(-6%)
Explanation The rally is not sustainable and not supported by the broad market.
Trading Plan   Not Available

Valuation to SPY -1.7

Relative Volatility 1.4 (options are expensive)

Market Trend Strength   0.2% (StdDev 1.17%)
Hourly BBV 0 ()
Intraday Trend 0%

Next Hour Price   $39.08(0%)
Support Level   $38.02
5 Day Moving Average   $38.84(0.62%)
10 Day Moving Average   $38.59(1.27%)
20 Day Moving Average   $38.02(2.79%)
To recent high   -1.7%
To recent low   9.5%
Market Cap   $N/A

Option Sentiment

Advance Ratio   44%
Stage of the Market   Normal Strong Uptrend

Risk Appetite    (0)
Fed Fund Rate   5.25% (Fri. Sep. 1, 2006) Move Down
Yield Curve    (0)

$. Technical analysis works only if the market conditions in the future are not drastically different from the past. Always read market news to understand the causes of the price movement before making a trading decision. News

$. QQQ price fluctuates within 2.45% (three month std-dev: 1.17% one year average std_dev: 0%) daily (68% of days).
$. QQQ price fluctuates within 0% weekly (one year average std_dev: %).

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20061001

i	Date	ema20(Trend)	ema10(Trend)	ema5(Trend)	Slow Hourly Trend	Fast Hourly Trend	Close	ActualPriceRange	BBV	Hourly BBV	Daily Moving Force	Weekly Trend Force	Reversal Force	Trend	Trend Pattern	Next Direction	C	RSI	Scale	RV	VIXCD	Trend-Narrative	NextDay PriceTarget	NextDayPriceRange	Volume millions	To High-Low
1	Sep_1_2006	38.02 (0.5%)	38.59 (0.4%)	38.84 (0.4%)		(0%)	39.08(0.54%)	38.9-39.21	1.1(1.1)	0	0.1%	0.2%	0%	0.22%	Growing Uptrend	Range(0.3%)	0	82	2.1	-1.7	0	Uptrend	39.29(0.54%)	38.89-39.46	69.39	-1.7%-9.5%
2	Aug_31_2006	37.91 (0.5%)	38.55 (0.5%)	38.69 (0.3%)		(0%)	38.87(-0.1%)	38.76-39.03	1(1.1)	0	0.1%	0.1%	0%	0.26%	Growing Uptrend	Range(0.3%)	0	83	2	-1.7	0	Uptrend	39.11(0.61%)	38.69-39.29	61.22	-2.2%-8.9%
3	Aug_30_2006	37.82 (0.5%)	38.54 (0.7%)	38.56 (0.4%)		(0%)	38.91(0.46%)	38.6-39.03	1.1(1.2)	0	0.1%	0.2%	0%	0.3%	Growing Uptrend	Range(0.3%)	0	77	2	-1.7	0	Uptrend	39.17(0.68%)	38.73-39.37	75.71	-2.1%-9%
4	Aug_29_2006	37.72 (0.5%)	38.5 (0.8%)	38.41 (0.2%)		(0%)	38.73(0.31%)	38.18-38.76	1(1.1)	0	%	0.3%	0%	0.34%	Growing Uptrend	Range(0.3%)	0	78	1.9	-1.7	0	Uptrend	39.03(0.77%)	38.55-39.23	104.87	-2.5%-8.5%
5	Aug_28_2006	37.61 (0.5%)	38.4 (0.9%)	38.35 (0.1%)		(0%)	38.61(0.76%)	38.24-38.79	1(1.2)	0	%	0.4%	0%	0.36%	Growing Uptrend	Range(0.4%)	0	78	1.8	-1.7	0	Uptrend	38.93(0.82%)	38.43-39.14	80.09	-2.8%-8.2%

6	Aug_25_2006	37.53 (0.5%)	38.23 (1%)	38.31 (-0.3%)		(0%)	38.32(0.18%)	38.06-38.64	0.8(1)	0	-0.1%	0.4%	0%	0.38%	Uptrend Consolidation	Range(0.3%)	0	71	1.8	-1.7	0	Uptrend	38.6(0.74%)	38.17-38.79	73.59	-3.6%-7.3%
7	Aug_24_2006	37.46 (0.6%)	38.07 (1%)	38.41 (-0.2%)		(0%)	38.25(0.29%)	37.92-38.35	0.8(0.9)	0	%	0.3%	0%	0.4%	Uptrend Consolidation	Range(0.3%)	0	66	1.8	-1.7	0	Uptrend	38.56(0.82%)	38.1-38.76	79	-3.7%-7.1%
8	Aug_23_2006	37.37 (0.7%)	37.93 (1.1%)	38.5 (-0.2%)		(0%)	38.14(-0.75%)	37.92-38.67	0.8(0.9)	0	%	0.3%	0%	0.44%	Uptrend Consolidation	Higher(0.7%)	0	62	1.8	-1.7	0	Uptrend	38.48(0.89%)	37.99-38.69	96.07	-4%-6.8%
9	Aug_22_2006	37.29 (0.7%)	37.78 (1.1%)	38.59 (0.4%)		(0%)	38.43(0.03%)	38.2-38.81	1.2(1.4)	0	0.1%	0.4%	0%	0.46%	Growing Uptrend Correction	Range(0.5%)	0	68	1.8	-1.7	0	Uptrend	38.82(1.01%)	38.24-39.06	102.13	-3.3%-7.6%
10	Aug_21_2006	37.2 (0.8%)	37.59 (1.1%)	38.44 (0.9%)		(0%)	38.42(-0.95%)	38.26-38.56	1.4(1.5)	0	0.2%	0.4%	0%	0.42%	Uptrend Dip	Higher(1.1%)	0	71	1.7	-1.7	0	Growing Uptrend	38.87(1.16%)	38.2-39.03	66.67	-3.3%-7.6%

11	Aug_18_2006	37.09 (0.7%)	37.41 (0.8%)	38.11 (1.2%)		(0%)	38.79(0.15%)	38.28-38.83	1.9(2.2)	0	0.2%	0.5%	0%	0.34%	Growing Uptrend	Higher(0.7%)	0	65	1.7	-1.7	0	Breakout	39.08(0.75%)	38.5-39.33	97.77	-2.4%-8.7%
12	Aug_17_2006	36.94 (0.6%)	37.22 (0.6%)	37.66 (1.1%)		(0%)	38.73(0.39%)	38.44-38.98	2.3(2.5)	0	0.2%	0.4%	-1.1%	0.22%	Growing Uptrend	Lower(-2%)	0	64	1.5	-1.7	0	Breakout	38.87(0.35%)	38.4-39.06	129.7	-2.5%-8.5%
13	Aug_16_2006	36.8 (0.5%)	37.04 (0.5%)	37.27 (1.1%)		(0%)	38.58(2.33%)	37.84-38.61	2.9(3.1)	0	0.2%	0.4%	-1.95%	0.14%	Growing Uptrend	Lower(-3.7%)	0	70	1.2	-1.7	0	Breakout	38.61(0.07%)	38.25-38.76	135.47	-3.2%-8.1%
14	Aug_15_2006	36.69 (0.4%)	36.85 (0.2%)	36.86 (0.7%)		(0%)	37.7(2.53%)	37.09-37.75	2.1(2.4)	0	0.1%	0.3%	-0.2%	0.06%	Overbought	Range(0.2%)	0	61	0.9	-1.7	0	Breakout	37.69(-0.02%)	37.53-37.76	133.72	-6.1%-5.6%
15	Aug_14_2006	36.61 (0%)	36.72 (-0.2%)	36.62 (0%)		(0%)	36.77(0.66%)	36.7-37.27	0.4(0.4)	0	%	-0%	0%	-0.02%	N/A	Range(0%)	0	52	0.8	-1.7	0	Correction	36.7(-0.18%)	36.66-36.75	109.35	-8.4%-3%

16	Aug_11_2006	36.57 (-0.1%)	36.75 (-0.1%)	36.61 (-0.2%)		(0%)	36.53(-0.71%)	36.37-36.69	-0(-0.1)	0	%	-0.1%	0%	-0.02%	N/A	Range(0.3%)	0	53	0.9	-1.8	0	Range Bound	36.52(-0.03%)	36.53-36.51	86.93	-10.3%-2.3%
17	Aug_10_2006	36.55 (-0.3%)	36.81 (0.4%)	36.69 (-0.2%)		(0%)	36.79(0.71%)	36.31-36.88	0.5(0.6)	0	%	0.1%	0%	0.04%	N/A	Range(0.1%)	0	65	0.9	-1.7	0	N/A	36.75(-0.1%)	36.67-36.82	102.51	-11.7%-3.1%
18	Aug_9_2006	36.52 (-0.4%)	36.77 (0.6%)	36.76 (-0.2%)		(0%)	36.53(0.14%)	36.43-37.31	0(0)	0	%	-0%	0%	0.06%	N/A	Range(0%)	0	57	0.9	-1.8	0	N/A	36.54(0.04%)	36.53-36.56	145.39	-13.1%-2.3%
19	Aug_8_2006	36.54 (-0.4%)	36.78 (0.6%)	36.76 (0%)		(0%)	36.48(-0.63%)	36.26-36.9	-0.1(-0.1)	0	%	-0.1%	0%	0.06%	N/A	Range(0.2%)	0	49	1	-1.8	0	N/A	36.53(0.15%)	36.51-36.55	124.51	-13.6%-2.2%
20	Aug_7_2006	36.59 (-0.5%)	36.8 (0.6%)	36.83 (-0.2%)		(0%)	36.71(-0.65%)	36.53-36.94	0.2(0.2)	0	%	0%	0%	0.08%	Uptrend Consolidation	Range(0.3%)	0	56	1.1	-1.8	0	N/A	36.7(-0.04%)	36.64-36.75	69.67	-13%-2.8%

21	Aug_4_2006	36.62 (-0.6%)	36.77 (0.7%)	36.91 (-0.1%)		(0%)	36.95(-0.46%)	36.62-37.63	0.5(0.6)	0	%	0.2%	0%	0.1%	Uptrend Consolidation	Range(0.4%)	0	60	1.2	-1.7	0	N/A	36.92(-0.08%)	36.79-37.03	123.5	-12.4%-3.5%
22	Aug_3_2006	36.65 (-0.6%)	36.66 (0.7%)	36.94 (0.4%)		(0%)	37.12(0.62%)	36.48-37.34	0.6(0.8)	0	0.1%	0.2%	0%	0.1%	Growing Uptrend	Range(0.3%)	0	62	1.4	-1.7	0	Uptrend Reversal	37.32(0.54%)	37.15-37.43	99.3	-12%-4%
23	Aug_2_2006	36.69 (-0.6%)	36.55 (0.4%)	36.79 (0.2%)		(0%)	36.89(1.12%)	36.61-37.13	0.3(0.3)	0	%	0%	0%	0.06%	Growing Uptrend	Range(0%)	0	56	1.5	-1.7	0	N/A	36.87(-0.05%)	36.79-36.94	87.4	-12.6%-3.3%
24	Aug_1_2006	36.75 (-0.6%)	36.52 (0.4%)	36.73 (-0.1%)		(0%)	36.48(-1.67%)	36.26-36.8	-0.4(-0.4)	0	%	-0%	0%	0.04%	N/A	Higher(0.8%)	0	45	1.6	-1.8	0	N/A	36.57(0.24%)	36.48-36.64	98.57	-13.6%-2.2%
25	Jul_31_2006	36.86 (-0.4%)	36.49 (0.2%)	36.75 (0.4%)		(0%)	37.1(-0.03%)	36.89-37.32	0.2(0.3)	0	0.1%	0.2%	0%	-0%	N/A	Range(0.3%)	0	43	1.9	-1.7	0	Rebound	37.04(-0.16%)	37.1-37.01	78.1	-12.1%-3.9%
i	Date	ema20(Trend)	ema10(Trend)	ema5(Trend)	Slow Hourly Trend	Fast Hourly Trend	Close	ActualPriceRange	BBV	Hourly BBV	Daily Moving Force	Weekly Trend Force	Reversal Force	Trend	Trend Pattern	Next Direction	C	RSI	Scale	RV	VIXCD	Trend-Narrative	NextDay PriceTarget	NextDayPriceRange	Volume millions	To High-Low

Click to see actual return for next trading day.