Trading Signals: SQQQ Stock Price Prediction and Forecast

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

Wed. Mar. 24, 2021

Trading Signals: SQQQ Stock Price Prediction and Forecast (Mon. Aug. 24, 2015 - Fri. Dec. 22, 2023)

(ProShares UltraPro Short QQQ)
SQQQ latest price $13.9600 (3.95%) ($13.9600 - $13.9600) on Wed. Mar. 24, 2021.

Trend Analysis and Forecast

Average Daily Percentage Swing   4.45% (three month average)
RSI   40
Latest Price   $13.9600(3.95%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   SQQQ advances 1.3% a day on average for past five trading days.
Weekly Trend   SQQQ declines -4.6% a week on average for past two weeks.
Market Behavior   Growth stock sell-off for large cap. Broad based sell-off for small cap.
Correlated ETFs   Broad market will support SQQQ advance at 0% a week (0% probability)
VIXM(17%)    UUP(7%)    VXX(6%)    IGOV(2%)    TLT(2%)
Factors Impacting SQQQ price   SQQQ will decline at least -2.225% in a week (0% probabilities).
QQQ(-32%)    IWF(-32%)    IVW(-32%)    SPY(-29%)    VUG(-28%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -2.225% (StdDev 4.45%)
Hourly BBV 2.2 ()
Intraday Trend 0%

Inflection Point   Yes
Resistance Level   $14.09
5 Day Moving Average   $13.74(1.6%)
10 Day Moving Average   $13.56(2.95%)
20 Day Moving Average   $14.09(-0.92%)
To recent high   -13.8%
To recent low   16.8%
Market Cap   $N/A

Average daily price decay: -0.02%

$. SQQQ is a 3x leveraged ETF. You'll lose 0.02% a day on average for holding it.$. SQQQ price fluctuates within 6.03% (three month std-dev: 4.45%) daily (68% of days).

Sample size 0 Average positive next day return: 0%(0%) Average negative next day return: 0%(0%) Sample size 0 Average positive next three day return: 0%(0%) Average negative next three day return: %(0%) Sample size 0 Average positive next weekly return: 0%(0%) Average negative next weekly return: 0%(0%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20210424

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	Mar_24_2021	15.38	14.09	13.56	13.74	13.64	13.71	13.96(3.95%)	DP	OpenShort	-65	0.3	-7	10	10	-57	91.72	54%	-0.65	15.6	4.45%	2.2	-0.2	40	1
2	Mar_23_2021	15.48	14.06	13.59	13.56	13.69	13.35	13.43(1.47%)	DT	HoldShort	-50	-0.2	-18	-150	1	-76	99.99	54%	-0.77	15.4	4.42%	-0.1	-0.7	43	1.1
3	Mar_22_2021	15.6	14.07	13.69	13.49	13.59	13.57	13.24(-4.78%)	DT	OpenShort	-75	-0.3	-24	10	-6	-79	80.11	54%	-0.76	21.6	4.42%	-1.4	-1	50	1.9
4	Mar_19_2021	15.72	14.1	13.96	13.49	13.56	14.03	13.9(-1.77%)	DP	OpenShort	-65	0.4	-8	250	6	-49	112.86	56%	-0.63	29.9	4.34%	0.7	-0.2	57	1.6
5	Mar_18_2021	15.82	14.04	14.06	13.52	13.43	13.62	14.15(8.14%)	DP	OpenShort	-65	0.7	-2	80	12	-42	99.94	56%	-0.69	30.1	4.37%	1.8	0.1	51	1.2

6	Mar_17_2021	15.93	13.96	14.21	13.37	13.36	13.09	13.09(-0.04%)	DT	OpenShort	-75	-0.3	-22	-140	-12	-52	118.34	53%	-0.56	24.4	4.24%	-1.2	-0.8	44	2.1
7	Mar_16_2021	16.02	13.93	14.41	13.64	13.44	13.24	13.09(-2.24%)	DT	OpenShort	-75	-0.5	-18	-150	-16	-24	90.88	53%	-0.62	30.3	4.25%	-0.9	-0.8	53	1.9
8	Mar_15_2021	16.12	13.89	14.5	13.91	13.78	13.62	13.39(-3.39%)	DT	OpenShort	-75	-0.5	-18	-110	-20	-10	61.44	53%	-0.56	36.4	4.25%	-0.8	-0.5	52	2.4
9	Mar_12_2021	16.21	13.83	14.51	14.47	14.04	13.65	13.86(3.16%)	N/A	N/A	0	-0.5	-6	-280	-15	20	96.05	53%	-0.49	46.2	4.22%	-0.1	0	55	1.8
10	Mar_11_2021	16.29	13.75	14.56	14.69	14.62	13.94	13.44(-6.99%)	N/A	N/A	0	-1	-6	-340	-23	47	109.21	53%	-0.55	48.4	4.23%	-1.4	-0.3	58	1.5

11	Mar_10_2021	16.38	13.71	14.69	15.16	15.01	14.43	14.45(0.24%)	UD	OpenLong	65	-0.6	14	-300	-16	103	130.42	56%	-0.43	56.5	4.14%	-0.5	0.6	64	1.2
12	Mar_9_2021	16.45	13.61	14.59	15.27	15.34	15.3	14.41(-10.99%)	UD	OpenLong	65	-0.7	32	-0	-1	131	153.9	58%	-0.48	56.5	4.14%	-1.5	0.6	64	1.2
13	Mar_8_2021	16.53	13.5	14.52	15.15	15.49	15.59	16.19(8.08%)	UT	OpenLong	75	0.8	61	110	28	161	180.5	63%	-0.3	49.2	3.97%	1.3	2.1	74	0.4
14	Mar_5_2021	16.58	13.31	14.24	14.55	14.9	15.37	14.98(-4.98%)	UD	OpenLong	75	0.4	41	290	8	141	299.18	61%	-0.36	32.3	3.81%	-0.4	1.5	72	0.6
15	Mar_4_2021	16.64	13.18	14.01	14.41	14.44	15.39	15.77(5%)	UT	OpenLong	75	1.3	55	470	24	148	315.13	63%	-0.24	25.7	3.79%	1.6	2.4	74	-0.4

16	Mar_3_2021	16.68	13.03	13.66	14.19	14.07	14.42	15.02(8.65%)	UT	OpenLong	75	0.9	56	150	27	141	160.42	62%	-0.3	18.7	3.74%	2	2.3	69	0.3
17	Mar_2_2021	16.73	12.92	13.38	13.84	13.98	13.49	13.82(4.98%)	UT	OpenLong	75	-0	28	-220	-0	113	74.33	58%	-0.36	8.3	3.56%	-0.1	1.2	65	1
18	Mar_1_2021	16.79	12.9	13.21	13.79	13.84	13.73	13.17(-7.9%)	UD	OpenLong	65	-0.8	16	-40	-14	107	94.01	55%	-0.53	9.7	3.49%	-1.7	0.4	61	1
19	Feb_26_2021	16.88	12.95	13.1	13.86	13.95	14.47	14.3(-2.39%)	UD	OpenLong	75	0.5	50	280	24	128	189.89	61%	-0.47	17.6	3.36%	0.3	1.7	69	0.5
20	Feb_25_2021	16.96	12.91	12.88	13.52	13.75	13.96	14.65(10.36%)	UT	OpenLong	75	1.5	51	160	34	100	168.39	61%	-0.53	9.1	3.37%	1.9	2.3	71	0.2

21	Feb_24_2021	17.05	12.87	12.64	13.06	13.23	13.42	13.27(-2.28%)	UD	OpenLong	75	0.3	21	140	11	50	112.46	55%	-0.64	-4.7	3.09%	-0.8	0.6	51	1.4
22	Feb_23_2021	17.16	12.86	12.54	12.85	13.01	13.55	13.58(0.48%)	UT	OpenLong	75	1	28	330	27	30	189.71	55%	-0.58	-22.5	3.11%	0.4	1	57	1.3
23	Feb_22_2021	17.26	12.83	12.4	12.54	12.67	13.04	13.52(7.56%)	RB	SmallLong	20	1.4	19	240	29	-13	100.46	55%	-0.69	-49.1	3.11%	1.8	1	46	1.1
24	Feb_19_2021	17.38	12.81	12.28	12.23	12.3	12.48	12.57(1.41%)	DP	OpenShort	-65	0.5	-13	120	9	-79	64.1	49%	-0.57	-72.2	2.95%	0.4	-0.3	22	1.5
25	Feb_18_2021	17.48	12.85	12.29	12.15	12.15	12.3	12.39(1.43%)	DP	OpenShort	-65	0.3	-23	90	4	-105	86.27	49%		-83.3	2.94%	0.1	-0.7	33	1.3
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

Click to see actual return for next trading day.