QQQ Price Prediction, Invesco QQQ Trust AI Recommendations
ETF market charts, price targets, analyst ratings and a financial calendar
QQQ's MACD Histogram crosses above signal line
The Moving Average Convergence Divergence (MACD) for QQQ turned positive on May 10, 2023. Looking at past instances where QQQ's MACD turned positive, the stock continued to rise in of 46 cases over the following month. The odds of a continued upward trend are .
Technical Analysis (Indicators)
Bullish Trend Analysis
The Momentum Indicator moved above the 0 level on May 05, 2023. You may want to consider a long position or call options on QQQ as a result. In of 68 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where QQQ advanced for three days, in of 374 cases, the price rose further within the following month. The odds of a continued upward trend are .
The Aroon Indicator entered an Uptrend today. In of 420 cases where QQQ Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
Bearish Trend Analysis
The RSI Indicator demonstrates that the ticker has stayed in the overbought zone for 5 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.
The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 18 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where QQQ declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
QQQ broke above its upper Bollinger Band on May 26, 2023. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.
Fundamental Analysis (Ratings)
Notable companies
Industry description
Market Cap
High and low price notable news
Volume
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
General Information
Category LargeGrowth
| 1 Day | |||
|---|---|---|---|
| ETFs / NAME | Price $ | Chg $ | Chg % |
| RYE | 66.50 | 2.27 | +3.53% |
| Invesco S&P 500® Equal Weight Energy ETF | |||
| HEFA | 30.63 | 0.60 | +2.00% |
| iShares Currency Hedged MSCI EAFE ETF | |||
| BLES | 32.73 | 0.57 | +1.79% |
| Inspire Global Hope ETF | |||
| FPXE | 21.49 | 0.28 | +1.33% |
| First Trust IPOX Europe Equity Opps ETF | |||
| GOEX | 25.58 | -0.75 | -2.84% |
| Global X Gold Explorers ETF | |||
QQQ and
Correlation & Price change
A.I.dvisor indicates that over the last year, QQQ has been closely correlated with QQQM. These tickers have moved in lockstep 100% of the time. This A.I.-generated data suggests there is a high statistical probability that if QQQ jumps, then QQQM could also see price increases.
| Ticker / NAME | Correlation To QQQ | 1D Price Change % | ||
|---|---|---|---|---|
| QQQ | 100% | +0.75% | ||
| QQQM - QQQ | 100% Closely correlated | +0.77% | ||
| QQMG - QQQ | 100% Closely correlated | +0.71% | ||
| MGK - QQQ | 100% Closely correlated | +1.00% | ||
| ONEQ - QQQ | 100% Closely correlated | +1.13% | ||
| VUG - QQQ | 99% Closely correlated | +1.12% | ||
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