Trading Signals: QQQ Stock Price Prediction and Forecast

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Mon. Mar. 10, 2014

Trading Signals: QQQ Stock Price Prediction and Forecast (Tue. Apr. 1, 2003 - Tue. May. 28, 2024)

(PowerShares QQQ ETF)
QQQ latest price $90.6100 (0.09%) ($90.0300 - $90.6600) on Mon. Mar. 10, 2014.

Trend Analysis and Forecast

Average Daily Percentage Swing   0.83% (three month average)
RSI   54
Latest Price   $90.6100(0.09%)
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 0.4% 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(90%)    XLY(82%)    IWM(76%)    SMH(75%)
Factors Impacting QQQ price   QQQ will decline at least -0.415% in a week (0% probabilities).
TLT(-16%)    XHB(-7%)    UUP(-7%)    SHY(-7%)    IGOV(-5%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -0.415% (StdDev 0.83%)
Hourly BBV 0 ()
Intraday Trend 0.1%

5 Day Moving Average   $90.8(-0.21%)
10 Day Moving Average   $90.51(0.11%)
20 Day Moving Average   $90.05(0.62%)
To recent high   -0.5%
To recent low   7.5%
Market Cap   $N/A

Average Volume    million
BBV (position on Bollinger band)   0.7
One Month Target Price   > $91.33
(if BBV positive, VIX trend negative.)
Correction Price   < $87.54

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

$. The price is -0.5% 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 0.8% away from the target price of 91.33.
$. QQQ price fluctuates within 0.86% (three month std-dev: 0.83%) daily (68% of days).

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