Trading Signals: QQQ Stock Price Prediction and Forecast

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Wed. Feb. 7, 2024

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

(PowerShares QQQ ETF)
QQQ latest price $431.8200 (0.97%) ($431.8200 - $431.8200) on Wed. Feb. 7, 2024.

Trend Analysis and Forecast

Average Daily Percentage Swing   0.87% (three month average)
RSI   70
Latest Price   $431.8200(0.97%)
Stocks Behave Similarly   Similar Stock List
Top Holdings   Top Holding List
Daily Trend   QQQ advances 0.7% a day on average for past five trading days.
Weekly Trend   QQQ advances 0.8% a week on average for past two weeks.
Market Behavior   Broad based rally for large cap. Normal for small cap.
Correlated ETFs   Broad market will support QQQ advance at 0% a week (0% probability)
IVW(98%)    SPY(94%)    SMH(87%)    IWO(70%)    DIA(69%)
Factors Impacting QQQ price   QQQ will decline at least -0.435% in a week (0% probabilities).
VXX(-65%)    VIXM(-49%)    UUP(-23%)    TLT(9%)    GLD(12%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -0.435% (StdDev 0.87%)
Hourly BBV 1.5 ()
Intraday Trend 0%

5 Day Moving Average   $428.1(0.87%)
10 Day Moving Average   $426.2(1.32%)
20 Day Moving Average   $420.93(2.59%)
To recent high   0%
To recent low   16.7%
Market Cap   $N/A

Average Volume    million
BBV (position on Bollinger band)   1.4
One Month Target Price   > $431.82
(if BBV positive, VIX trend negative.)
Correction Price   < $413.04

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 -8% away from the target price of 431.82.
$. QQQ price fluctuates within 1.9% (three month std-dev: 0.87%) daily (68% of days).

Sample size 50 Average positive next day return: 1.07%(52%) Average negative next day return: -0.61%(48%) Sample size 50 Average positive next three day return: 1.52%(52%) Average negative next three day return: -1.7%(48%) Sample size 50 Average positive next weekly return: 1.69%(52%) Average negative next weekly return: -2.01%(48%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20240307

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	Feb_7_2024	387.55	420.93	426.2	428.1	429.61	429.75	431.82(0.97%)	UT	OpenLong	75	0.5	177	10	191	134	34.55	80%	0.17	85.8	0.87%	1.5	1.4	70	2.3
2	Feb_6_2024	386.91	419.63	425.54	425.13	426.9	428.32	427.67(-0.3%)	UD	OpenLong	75	0.3	39	40	29	70	33.87	79%	0.15	76.8	0.87%	-0.7	1	72	2.3
3	Feb_5_2024	386.32	418.53	425.12	424.64	424.21	429.47	428.96(-0.24%)	UD	OpenLong	75	0.5	242	80	262	182	37.28	79%	0.16	71.3	0.87%	0.8	1.2	70	1.9
4	Feb_2_2024	385.72	416.97	424.38	424.47	423.28	425.49	429.98(1.87%)	UT	OpenLong	75	0.6	362	30	398	255	52.04	81%	0.14	58.1	0.87%	1.7	1.4	71	-0.4
5	Feb_1_2024	385.18	415.31	423.47	423.24	422.82	418.96	422.07(1.23%)	N/A	N/A	0	-0.1	-102	-70	-151	44	50.29	81%	0.13	45.3	0.87%	0.1	0.7	67	-0.3

6	Jan_31_2024	384.69	414.17	422.69	424.09	423.52	421.08	416.95(-1.95%)	DT	OpenShort	-75	-0.7	-312	-40	-403	-40	62.52	80%	0.12	40.2	0.88%	-1.8	0.3	64	-0.3
7	Jan_30_2024	384.23	413.46	421.94	425.87	425.73	426.69	425.24(-0.68%)	UD	OpenLong	75	-0.1	73	10	41	169	29.11	87%	0.13	41.9	0.83%	-0	1.1	79	1.2
8	Jan_29_2024	383.73	412.59	420.42	425.52	425.85	425.97	428.13(1.02%)	UT	HoldLong	65	0.3	144	0	122	209	36.1	87%	0.15	42.4	0.83%	1.7	1.5	86	0.2
9	Jan_26_2024	383.15	411.66	418.57	424.24	424.69	424.77	423.81(-0.58%)	UD	OpenLong	65	-0	13	0	-36	158	33.42	81%	0.14	45.7	0.83%	-1.3	1.3	88	0.3
10	Jan_25_2024	382.62	410.97	417.12	423.73	424.16	425.73	426.3(0.1%)	UT	HoldLong	65	0.3	147	30	118	233	44	74%	0.14	48.6	0.86%	-0	1.7	93	-0.4

11	Jan_24_2024	382.08	410.1	415.28	421.09	423.05	424.61	425.87(0.56%)	UT	HoldLong	65	0.6	236	40	228	258	45.51	74%	0.13	46.6	0.93%	0.8	1.9	87	0.7
12	Jan_23_2024	381.59	409.14	413.23	417.36	419.92	422.6	423.48(0.42%)	UT	HoldLong	65	0.8	208	60	203	222	27.92	74%	0.11	40.1	0.94%	0.9	1.9	76	1.5
13	Jan_22_2024	381.16	408.28	411.33	414.51	415.87	421.5	421.72(0.11%)	UT	OpenLong	75	1.1	317	100	339	249	39.66	74%	0.12	35.9	0.94%	1	2	62	0.7
14	Jan_19_2024	380.7	407.29	408.85	412.09	412.74	417.25	421.27(1.98%)	UT	OpenLong	75	1.5	412	80	464	257	62.82	70%	0.12	29.5	0.96%	1.7	2.3	57	0.2
15	Jan_18_2024	380.25	406.59	406.33	409.64	409.93	410.25	413.11(1.44%)	UT	OpenLong	75	0.7	130	10	143	89	54.98	65%	0.1	32.2	0.95%	1.6	1.3	49	0

16	Jan_17_2024	379.87	406.25	404.83	408.68	408.89	408.24	407.24(-0.48%)	DT	OpenShort	-75	-0.3	-66	-10	-79	-25	49.69	63%	0.09	38.8	0.95%	-0.8	0.2	43	-0.6
17	Jan_16_2024	379.53	406.16	404.3	408.39	409.14	409.61	409.2(-0.1%)	UD	OpenLong	75	0.2	29	10	36	9	40.93	64%	0.16	50.4	0.95%	0.1	0.6	50	0.4
18	Jan_12_2024	378.94	405.85	404.17	407.55	408.29	409.54	409.61(0.14%)	UT	OpenLong	75	0.4	79	30	96	27	32.77	62%	0.13	59.3	0.97%	0.6	0.8	52	0.8
19	Jan_11_2024	378.43	405.53	404.19	404.99	407.04	408.68	409.05(0.18%)	UT	OpenLong	75	0.9	158	40	192	55	46.76	62%	0.11	63.4	0.97%	1.3	0.8	58	1.4
20	Jan_10_2024	378.02	405.02	404.3	402.44	403.98	407.04	408.3(0.62%)	UT	OpenLong	75	1.3	149	60	187	34	30.42	62%	0.12	60.4	0.97%	1.6	0.7	48	1.1

21	Jan_9_2024	377.56	404.41	404.44	400.44	400.97	405.41	405.77(0.19%)	UT	OpenLong	75	1.1	236	80	293	63	36.06	62%	0.11	55.2	0.97%	1.2	0.3	48	1.3
22	Jan_8_2024	377.13	403.79	404.65	399.68	399.08	400.93	405(2.06%)	UT	OpenLong	75	1	195	30	246	41	34.52	62%	0.13	48.8	0.97%	2.2	0.2	50	0.8
23	Jan_5_2024	376.65	403.14	404.9	400.48	398.32	396.54	396.82(0.12%)	DP	OpenShort	-75	-0.6	-135	-50	-145	-104	41.15	61%	0.1	49.3	0.96%	-2	-1.1	44	1.1
24	Jan_4_2024	376.26	402.68	405.65	403.36	401.35	397.22	396.33(-0.49%)	DT	OpenShort	-75	-1.1	-243	-90	-279	-134	37.71	63%	0.09	55.4	0.97%	-1.2	-1	43	0.3
25	Jan_3_2024	375.91	402.32	407	406.39	405.08	400.09	398.27(-0.93%)	DT	OpenShort	-75	-1.1	-326	-100	-389	-138	45.95	60%		57.9	0.98%	-1.2	-0.5	53	0.6
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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