Trading Signals: QQQ Stock Price Prediction and Forecast

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

Tue. Apr. 28, 2015

Trading Signals: QQQ Stock Price Prediction and Forecast (Tue. Apr. 1, 2003 - Fri. Jun. 14, 2024)

(PowerShares QQQ ETF)
QQQ latest price $110.0400 (-0.2%) ($109.1100 - $110.5500) on Tue. Apr. 28, 2015.

Trend Analysis and Forecast

Average Daily Percentage Swing   0.77% (three month average)
RSI   68
Latest Price   $110.0400(-0.2%)
Stocks Behave Similarly   Similar Stock List
Top Holdings   Top Holding List
Daily Trend   QQQ advances 0.4% a day on average for past five trading days.
Weekly Trend   QQQ advances 1.2% a week on average for past two weeks.
Market Behavior   Value stock rally 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%)    VT(83%)    XLY(82%)    IVE(76%)
Factors Impacting QQQ price   QQQ will decline at least -0.385% in a week (0% probabilities).
VIXM(-28%)    TLT(-15%)    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   -0.385% (StdDev 0.77%)
Hourly BBV 0 ()
Intraday Trend -0.3%

5 Day Moving Average   $109.71(0.3%)
10 Day Moving Average   $108.65(1.28%)
20 Day Moving Average   $107.57(2.3%)
To recent high   -0.5%
To recent low   9%
Market Cap   $N/A

Average Volume    million
BBV (position on Bollinger band)   1.5
One Month Target Price   > $110.04
(if BBV positive, VIX trend negative.)
Correction Price   < $105.8

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 -1.3% away from the target price of 110.04.
$. QQQ price fluctuates within 1.49% (three month std-dev: 0.77%) daily (68% of days).

getNextHourMoveProbability failed