Trading Signals: QQQ Stock Price Prediction and Forecast

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

Mon. Oct. 25, 2010

Trading Signals: QQQ Stock Price Prediction and Forecast (Tue. Apr. 1, 2003 - Thu. Jun. 13, 2024)

(PowerShares QQQ ETF)
QQQ latest price $51.8900 (0.48%) ($51.8500 - $52.2300) on Mon. Oct. 25, 2010.

Trend Analysis and Forecast

Average Daily Percentage Swing   1.04% (three month average)
RSI   73
Latest Price   $51.8900(0.48%)
Stocks Behave Similarly   Similar Stock List
Top Holdings   Top Holding List
Daily Trend   QQQ advances 0.2% a day on average for past five trading days.
Weekly Trend   QQQ advances 1.8% 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)
SPY(92%)    XLK(91%)    XLY(84%)    IWM(79%)    EEM(73%)
Factors Impacting QQQ price   QQQ will decline at least -0.52% in a week (0% probabilities).
TLT(-24%)    SHY(-9%)    TIP(-4%)    IGOV(2%)    GLD(4%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -0.52% (StdDev 1.04%)
Hourly BBV 0 ()
Intraday Trend 0.1%

5 Day Moving Average   $51.37(1.01%)
10 Day Moving Average   $51.1(1.55%)
20 Day Moving Average   $50.24(3.28%)
To recent high   0%
To recent low   19.4%
Market Cap   $N/A

Average Volume    million
BBV (position on Bollinger band)   1.7
One Month Target Price   > $51.89
(if BBV positive, VIX trend negative.)
Correction Price   < $49.19

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 -9% away from the target price of 51.89.
$. QQQ price fluctuates within 1.97% (three month std-dev: 1.04%) daily (68% of days).

getNextHourMoveProbability failed