Trading Signals: QQQ Stock Price Prediction and Forecast

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Fri. Dec. 22, 2023

Trading Signals: QQQ Stock Price Prediction and Forecast (Tue. Apr. 1, 2003 - Fri. Apr. 26, 2024)

(PowerShares QQQ ETF)
QQQ latest price $408.3800 (0.15%) ($408.3800 - $408.3800) on Fri. Dec. 22, 2023.

Trend Analysis and Forecast

Average Daily Percentage Swing   0.97% (three month average)
RSI   80
Latest Price   $408.3800(0.15%)
Stocks Behave Similarly   Similar Stock List
Top Holdings   Top Holding List
Daily Trend   QQQ advances 0.1% a day on average for past five trading days.
Weekly Trend   QQQ advances 2.3% a week on average for past two weeks.
Market Behavior   Value stock rally for large cap. Broad based rally for small cap.
Correlated ETFs   Broad market will support QQQ advance at 0% a week (0% probability)
SPY(92%)    SMH(88%)    TAN(36%)    TLT(7%)    UUP(-16%)
Factors Impacting QQQ price   QQQ will decline at least -0.485% in a week (0% probabilities).
IVE(46%)    IVW(98%)    IWN(48%)    IWM(58%)    IWO(67%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -0.485% (StdDev 0.97%)
Hourly BBV 0.3 ()
Intraday Trend 0%

5 Day Moving Average   $407.08(0.32%)
10 Day Moving Average   $404.36(0.99%)
20 Day Moving Average   $396.98(2.87%)
To recent high   -0.2%
To recent low   18.6%
Market Cap   $N/A

Average Volume    million
BBV (position on Bollinger band)   1.4
One Month Target Price   > $408.38
(if BBV positive, VIX trend negative.)
Correction Price   < $388.57

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

$. The price is -0.2% 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 -8.9% away from the target price of 408.38.
$. QQQ price fluctuates within 2.08% (three month std-dev: 0.97%) daily (68% of days).

Sample size 50 Average positive next day return: 1.29%(54%) Average negative next day return: -1.18%(46%) Sample size 50 Average positive next three day return: 1.38%(50%) Average negative next three day return: -2.95%(50%) Sample size 50 Average positive next weekly return: 1.97%(58%) Average negative next weekly return: -4.19%(42%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20240122

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	Dec_22_2023	373.52	396.98	404.36	407.08	407.05	408.08	408.38(0.15%)	UT	HoldLong	65	0.2	164	20	150	204	28.25	61%	0.09	58.2	0.97%	0.3	1.4	80	1.4
2	Dec_21_2023	373.18	396.01	402.81	406.5	406.74	405.4	407.77(1.17%)	UT	HoldLong	50	0.2	28	-20	-10	142	37.84	57%	0.09	61.2	0.97%	-0.4	1.5	71	0.6
3	Dec_20_2023	372.84	395.08	401.15	405.55	406.18	406.02	403.06(-1.45%)	CR	SmallShort	-20	-0.3	-54	0	-105	99	52.71	54%	0.05	64.4	0.99%	-2.7	1.1	69	0.3
4	Dec_19_2023	372.64	394.33	399.47	405.6	406.17	408.09	409(0.45%)	UT	HoldLong	65	0.5	156	40	142	196	32.13	56%	0.07	68.6	0.99%	1.3	2	77	0.7
5	Dec_18_2023	372.39	393.33	397.26	403.53	404.76	406.34	407.17(0.41%)	UT	OpenLong	75	0.6	184	40	181	192	42.2	56%	0.06	78.4	0.99%	1.6	2.1	74	0.8

6	Dec_15_2023	372.15	392.24	395.15	401.2	402.62	404.26	405.5(0.62%)	UT	OpenLong	75	0.7	147	40	144	155	56.79	53%	0.08	83.3	0.99%	0.9	2.3	74	0.8
7	Dec_14_2023	371.85	391.2	393.54	398.55	400.13	403.18	403.02(-0.08%)	UD	OpenLong	75	0.9	187	70	198	154	51.15	53%	0.07	95.4	1.02%	0.8	2.3	71	1.6
8	Dec_13_2023	371.59	390.29	392.04	396.07	397.46	400.99	403.33(1.18%)	UT	OpenLong	75	1.6	271	70	303	175	49.41	53%	0.07	108.8	1.02%	2.1	2.9	70	1.4
9	Dec_12_2023	371.34	389.32	390.54	392.41	394.29	397.08	398.64(0.79%)	UT	OpenLong	75	1.8	234	60	267	133	34.79	50%	0.06	129.9	1.02%	1.7	2.7	68	1.6
10	Dec_11_2023	371.11	388.26	389.59	390.06	390.86	393.92	395.51(0.83%)	UT	OpenLong	75	1.5	165	60	192	83	38.05	52%	0.05	116.1	1.02%	1.7	2	58	1.4

11	Dec_8_2023	370.91	387.4	388.88	388.22	388.7	391.49	392.24(0.41%)	UT	OpenLong	75	1.1	190	50	225	84	42.57	52%	0.04	110.2	1.03%	1.4	1.3	61	1.2
12	Dec_7_2023	370.76	386.36	388.56	387.81	387.21	387.8	390.65(1.46%)	UT	OpenLong	75	0.5	81	10	96	34	43.66	52%	0.01	85.1	1.03%	1.6	0.8	60	1
13	Dec_6_2023	370.71	385.51	388.46	387.44	387.1	385.92	385.02(-0.48%)	DT	OpenShort	-75	-0.4	-58	-20	-68	-28	41.27	49%	-0	88	1.02%	-0.7	-0.1	51	1.2
14	Dec_5_2023	370.72	384.96	388.83	388.34	388.06	386.63	386.89(0.15%)	DP	OpenShort	-75	-0.2	-86	-30	-104	-30	38.35	49%	0.01	99.4	1.02%	0.1	0.3	57	1.3
15	Dec_4_2023	370.68	384.13	389.2	388.98	388.72	388.29	386.3(-1%)	N/A	N/A	0	-0.4	-67	-10	-89	-0	47.74	49%	0.02	104.2	1.02%	-0.8	0.3	71	1.4

16	Dec_1_2023	370.6	383.27	389.25	389.54	389.65	389.49	390.21(0.37%)	UT	HoldLong	65	0.1	35	-0	26	62	37.65	49%	0.03	111	1.02%	0.6	0.9	77	1.3
17	Nov_30_2023	370.49	381.99	388.83	389.39	389.37	389.15	388.77(-0.2%)	N/A	N/A	0	-0.1	-16	-0	-40	58	46.08	49%	0.04	111.2	1.01%	-1.1	0.8	83	1.4
18	Nov_29_2023	370.33	380.49	388.54	389.65	389.55	389.82	389.54(-0.14%)	UD	OpenLong	75	-0	32	0	9	100	35.42	52%	0.06	102.2	1.01%	-0.3	0.9	76	1.3
19	Nov_28_2023	370.11	378.66	388.11	389.4	389.68	389.58	390.1(0.27%)	UT	HoldLong	65	0.1	51	0	27	121	32.99	52%	0.06	86	1.05%	-0.3	1	78	1.5
20	Nov_27_2023	369.87	376.7	386.9	389.49	389.23	389.28	389.06(-0.11%)	UD	OpenLong	65	-0	4	-0	-32	112	31.38	52%	0.06	76.6	1.05%	-0.2	1	80	1.3

21	Nov_24_2023	369.64	374.57	385.87	388.9	389.6	389.79	389.5(-0.15%)	UD	OpenLong	75	0	83	10	57	161	15.1	49%	0.06	65.7	1.05%	0	1.1	81	1.4
22	Nov_22_2023	369.43	372.37	384.04	388.15	388.75	389.17	390.08(0.46%)	UT	HoldLong	65	0.1	54	10	23	148	40.81	51%	0.06	55	1.09%	0.6	1.2	85	1.2
23	Nov_21_2023	369.22	370.38	382.35	387.25	387.7	389.4	388.27(-0.58%)	UD	OpenLong	75	0.1	100	30	71	185	37.58	53%	0.05	51.7	1.09%	0.4	1.2	87	1.3
24	Nov_20_2023	369.04	368.88	380.79	386.6	387.03	388.34	390.54(1.14%)	UT	HoldLong	65	0.3	177	30	155	244	40.24	53%	0.06	49.6	1.11%	2.1	1.5	92	1.4
25	Nov_17_2023	368.83	367.08	378.62	383.92	385.64	385.99	386.14(0.1%)	UT	HoldLong	65	0.2	117	20	81	225	40.73	52%		42.7	1.1%	0.7	1.4	92	1.5
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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