Trading Signals: QQQ Stock Price Prediction and Forecast

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Fri. Jun. 30, 2023

Trading Signals: QQQ Stock Price Prediction and Forecast (Tue. Apr. 1, 2003 - Wed. May. 8, 2024)

(PowerShares QQQ ETF)
QQQ latest price $369.9400 (1.83%) ($369.9400 - $369.9400) on Fri. Jun. 30, 2023.

Trend Analysis and Forecast

Average Daily Percentage Swing   1.07% (three month average)
RSI   68
Latest Price   $369.9400(1.83%)
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 0.4% a week on average for past two weeks.
Market Behavior   Broad based rally for large cap. Growth stock rally for small cap.
Correlated ETFs   Broad market will support QQQ advance at 0% a week (0% probability)
IWF(98%)    VUG(98%)    IVW(95%)    XLK(95%)    SPY(92%)
Factors Impacting QQQ price   QQQ will decline at least -0.535% in a week (0% probabilities).
VXX(-64%)    VIXM(-56%)    TBT(-27%)    UUP(-26%)    USO(-6%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -0.535% (StdDev 1.07%)
Hourly BBV 1.5 ()
Intraday Trend 0%

5 Day Moving Average   $363.71(1.71%)
10 Day Moving Average   $364.41(1.52%)
20 Day Moving Average   $360.79(2.54%)
To recent high   -0.1%
To recent low   19.4%
Market Cap   $N/A

Average Volume    million
BBV (position on Bollinger band)   1.5
One Month Target Price   > $369.94
(if BBV positive, VIX trend negative.)
Correction Price   < $350.15

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 -8.7% away from the target price of 369.94.
$. QQQ price fluctuates within 1.67% (three month std-dev: 1.07%) daily (68% of days).

Sample size 50 Average positive next day return: 0.89%(58%) Average negative next day return: -1.29%(42%) Sample size 50 Average positive next three day return: 1.61%(50%) Average negative next three day return: -2.18%(50%) Sample size 50 Average positive next weekly return: 2.25%(52%) Average negative next weekly return: -2.57%(48%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20230730

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	Jun_30_2023	323.48	360.79	364.41	363.71	365.2	366.62	369.94(1.83%)	UT	OpenLong	75	1	208	40	237	119	51.52	78%	0.22	80.8	1.07%	1.5	1.5	68	1
2	Jun_29_2023	322.77	359.69	364.32	362.29	362.14	363.53	363.29(-0.13%)	UT	HoldLong	50	0.2	1	30	-12	38	42.39	78%	0.19	87.3	1.06%	-0	0.6	67	1
3	Jun_28_2023	322.16	359.03	364.34	362.82	362.04	363.79	363.76(-0.02%)	UD	OpenLong	75	0.1	122	30	126	110	41.8	78%	0.17	92.2	1.08%	0.7	0.7	59	1.2
4	Jun_27_2023	321.6	358.31	364.01	362.5	362.6	360.76	363.82(1.7%)	UT	OpenLong	75	0.2	43	-30	31	77	42.43	78%	0.2	96.3	1.08%	1.2	0.8	59	1.1
5	Jun_26_2023	320.97	357.16	363.15	363.11	362.18	360.29	357.73(-1.42%)	DT	OpenShort	-75	-0.8	-211	-40	-269	-35	51.32	77%	0.17	101.1	1.07%	-1.7	0.1	55	1

6	Jun_23_2023	320.44	355.98	362.84	365.14	364.48	364.43	362.87(-0.83%)	UD	OpenLong	65	-0.3	3	-10	-25	85	42.92	80%	0.17	106	1.05%	-0.5	1	63	1.1
7	Jun_22_2023	319.9	354.59	361.56	366.61	365.7	364.07	365.91(1.04%)	UD	OpenLong	65	-0.1	2	-40	-31	101	43.51	80%	0.21	103.5	1.05%	0.7	1.4	70	1.4
8	Jun_21_2023	319.24	353.18	360.47	366.08	366.12	364.53	362.15(-1.29%)	CR	SmallShort	-20	-0.4	-86	-30	-136	63	49.24	81%	0.22	92.6	1.07%	-1.2	0.9	65	1.3
9	Jun_20_2023	318.53	351.92	359.79	365.63	366.38	367.33	366.9(-0.26%)	UD	OpenLong	75	0.1	69	20	44	144	42.89	85%	0.32	89.2	1.06%	0.1	1.4	72	1.2
10	Jun_16_2023	317.51	350.42	358.53	363.09	364.67	367.71	367.85(-0.65%)	UD	OpenLong	75	0.4	219	70	220	217	80.87	86%	0.24	85.9	1.05%	1	1.6	79	1.6

11	Jun_15_2023	316.74	348.58	356.87	360.12	361.28	365.44	370.26(1.94%)	UT	HoldLong	65	1	288	90	300	252	71.14	86%	0.36	85	1.08%	0	2.1	86	1.2
12	Jun_13_2023	315.61	346.41	354.54	355.82	357.62	361.64	363.23(0.92%)	UT	HoldLong	65	0.7	301	90	319	245	52.11	86%	0.24	76.1	1.08%	1.3	1.6	80	1.3
13	Jun_12_2023	314.85	344.58	353.11	354.18	353.96	357.12	359.93(1.62%)	UT	OpenLong	75	0.6	203	60	203	204	36.19	86%	0.25	73.6	1.08%	2.1	1.5	72	1.4
14	Jun_9_2023	314.06	342.84	351.95	353.21	352.7	353.6	354.19(0.33%)	UT	OpenLong	75	0.1	137	10	121	183	48.76	81%	0.26	71.9	1.09%	0.8	1.1	70	1.7
15	Jun_8_2023	313.26	341.46	350.59	353.3	352.93	350.81	353.01(1.22%)	N/A	N/A	0	-0	-11	-50	-54	118	42.62	81%	0.25	76.1	1.12%	0.1	1.1	68	2

16	Jun_7_2023	312.49	340.07	348.6	353.06	353.34	351.81	348.74(-1.77%)	CR	SmallShort	-20	-0.4	-106	-30	-167	76	62.29	80%	0.22	78.7	1.11%	-2.1	0.8	70	2.2
17	Jun_6_2023	311.8	338.76	347.23	352.87	354.14	355.06	355.01(-0.03%)	UD	OpenLong	75	0.2	93	30	64	181	37.79	85%	0.14	76.7	1.1%	-0	1.5	81	2.4
18	Jun_5_2023	311.36	337.16	345.46	351.76	352.33	354.87	355.1(0.13%)	UT	HoldLong	65	0.3	144	60	120	214	43.66	85%	0.25	77.1	1.1%	0.4	1.6	82	2.3
19	Jun_2_2023	310.59	335.52	343.56	350.49	350.92	353.23	354.64(0.8%)	UT	HoldLong	65	0.4	220	50	208	256	46.32	86%	0.25	78.6	1.12%	1.3	1.8	82	2.2
20	Jun_1_2023	309.81	333.58	341.72	347.51	349.46	349.8	351.83(1.17%)	UT	HoldLong	65	0.4	173	20	155	228	46.02	86%	0.25	71.2	1.12%	1.5	1.8	79	2

21	May_31_2023	309.03	331.84	339.65	343.45	346.43	348.62	347.77(-0.49%)	UD	OpenLong	75	0.4	121	70	101	182	56.84	85%	0.25	65.6	1.12%	-0.5	1.7	78	1.2
22	May_30_2023	308.25	330.39	337.61	340.62	342.37	349.12	349.47(0.2%)	UT	HoldLong	65	1	316	150	334	261	67.89	85%	0.39	65.8	1.13%	0.9	2.1	82	1.3
23	May_26_2023	307.05	328.96	335.28	338.21	338.4	344.24	348.77(2.67%)	UT	HoldLong	65	1.3	427	120	469	300	55.77	85%	0.29	71	1.13%	1.5	2.5	78	0.8
24	May_25_2023	306.16	327.55	332.84	335.74	335.57	335.63	339.7(2.46%)	UT	OpenLong	75	0.6	165	-0	165	166	63	84%	0.25	79.1	1.09%	1.4	1.8	73	0.2
25	May_24_2023	305.4	326.55	331.47	335.22	334.75	332.57	331.55(-0.61%)	N/A	N/A	0	-0.5	-122	-50	-177	44	53.12	76%		79.9	1.07%	-1	0.7	74	-0.2
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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