Trading Signals: SQQQ Stock Price Prediction and Forecast

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Fri. Jul. 15, 2022

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

(ProShares UltraPro Short QQQ)
SQQQ latest price $51.5400 (-5.36%) ($51.5350 - $51.5400) on Fri. Jul. 15, 2022.

Trend Analysis and Forecast

Average Daily Percentage Swing   7.05% (three month average)
RSI   54
Latest Price   $51.5400(-5.36%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   SQQQ advances 0.6% a day on average for past five trading days.
Weekly Trend   SQQQ declines -1.2% a week on average for past two weeks.
Market Behavior   Broad based rally for large cap. Broad based rally for small cap.
Correlated ETFs   Broad market will support SQQQ advance at 0% a week (0% probability)
UUP(26%)    VIXM(23%)    TBT(12%)    VXX(4%)    UNG(-9%)
Factors Impacting SQQQ price   SQQQ will decline at least -3.525% in a week (0% probabilities).
QQQ(-99%)    IWF(-98%)    IVW(-96%)    SPY(-93%)    FIVG(-88%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -3.525% (StdDev 7.05%)
Hourly BBV -1.3 ()
Intraday Trend 0%

Resistance Level   $55.64
5 Day Moving Average   $53.79(-4.18%)
10 Day Moving Average   $53.49(-3.65%)
20 Day Moving Average   $55.64(-7.37%)
To recent high   -22.4%
To recent low   36.6%
Market Cap   $N/A

Average daily price decay: -0.05%

$. SQQQ is a 3x leveraged ETF. You'll lose 0.05% a day on average for holding it.$. SQQQ price fluctuates within 6.33% (three month std-dev: 7.05%) daily (68% of days).

Sample size 24 Average positive next day return: 4.55%(54%) Average negative next day return: -5.99%(46%) Sample size 24 Average positive next three day return: 7.64%(54%) Average negative next three day return: -6.45%(46%) Sample size 24 Average positive next weekly return: 6.57%(67%) Average negative next weekly return: -10.54%(33%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20220815

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	Jul_15_2022	47.67	55.64	53.49	53.79	53.89	53	51.54(-5.36%)	DT	OpenShort	-75	-0.6	-13	-110	-12	-15	97.8	60%	0.19	-35.9	7.05%	-1.3	-1.2	54	1.8
2	Jul_14_2022	47.58	56.03	54.23	53.48	54.36	54.63	54.46(-0.62%)	N/A	N/A	0	0.2	4	80	8	-7	112.61	61%	0.15	-20.5	7.07%	-0.3	-0.4	47	1.7
3	Jul_13_2022	47.51	56.47	54.4	52.62	53.24	54.79	54.8(0.05%)	N/A	N/A	0	0.5	4	240	11	-16	134.06	60%	0.21	-7.8	7.12%	0.7	-0.4	44	1.4
4	Jul_12_2022	47.41	56.91	54.58	52.41	52.07	54.09	54.77(2.57%)	N/A	N/A	0	0.5	9	250	18	-19	101.18	60%	0.17	7.9	7.17%	1.9	-0.5	44	1.1
5	Jul_11_2022	47.33	57	54.35	52.39	51.73	51.7	53.4(6.82%)	DP	OpenShort	-65	0.2	-5	-40	6	-39	87.16	60%	0.21	15.4	7.17%	1.7	-0.8	36	1.7

6	Jul_8_2022	47.23	56.94	54.16	53.26	52.06	50.06	49.99(-0.28%)	DT	OpenShort	-75	-0.7	-38	-340	-29	-66	100.35	60%	0.19	27.6	7.16%	-1	-1.5	27	1.2
7	Jul_7_2022	47.14	56.9	54.86	55.11	53.98	51.77	50.13(-6.73%)	DT	OpenShort	-75	-1.1	-38	-350	-32	-57	77.14	60%	0.26	39.4	7.19%	-1.4	-1.5	42	0.9
8	Jul_6_2022	47.02	56.8	55.77	56.38	56.25	54.06	53.75(-1.74%)	DT	OpenShort	-75	-0.5	-28	-280	-21	-49	91.3	60%	0.34	44.2	7.13%	-1.6	-0.6	40	1.9
9	Jul_5_2022	46.86	56.55	56.32	57	57.02	56.18	54.7(-5.26%)	DT	OpenShort	-75	-0.4	-24	-100	-16	-49	110.4	60%	0.41	44.2	7.15%	-2.5	-0.3	40	1.1
10	Jul_1_2022	46.67	56.27	57.18	56.51	57.56	58.45	57.74(-2.52%)	N/A	N/A	0	0.2	4	160	16	-31	103.5	60%	0.43	35	7.18%	-0.3	0.2	54	1.8

11	Jun_30_2022	46.47	55.66	57.95	55.16	56.23	57.86	59.23(4.87%)	N/A	N/A	0	0.6	10	260	20	-21	138.4	60%	0.52	17.4	7.12%	1.1	0.6	62	1.5
12	Jun_29_2022	46.23	55.13	57.9	54.66	54.17	56.68	56.48(-0.69%)	N/A	N/A	0	0.3	5	300	12	-15	110.66	60%	0.41	7.2	7.11%	0.9	0.2	64	1.4
13	Jun_28_2022	46.04	54.71	58.61	55.19	54.2	54.61	56.87(8.87%)	UT	OpenLong	75	0.2	16	-0	16	14	115.87	60%	0.41	3.7	7.15%	2.2	0.3	65	1.3
14	Jun_27_2022	45.85	54.24	59.32	55.67	54.76	51.67	52.24(2.41%)	N/A	N/A	0	-0.5	-20	-440	-33	21	82.84	59%	0.31	-2	7.13%	-0.6	-0.3	60	0.1
15	Jun_24_2022	45.71	54.25	59.84	57.99	56.5	53.79	51.01(-10.03%)	CR	SmallShort	-20	-1	-31	-410	-56	45	84.59	59%	0.26	3.4	7.13%	-1.6	-0.5	58	-0.4

16	Jun_23_2022	45.59	54.56	60.04	61.07	59.71	57.86	56.69(-4.14%)	UD	OpenLong	65	-0.6	9	-280	-22	101	98.1	61%	0.46	15.6	7.04%	-1.9	0.3	69	0.2
17	Jun_22_2022	45.38	54.66	59.27	61.54	62.16	59.21	59.14(-0.24%)	UD	OpenLong	65	-0.3	12	-300	-21	109	98.92	61%	0.53	23.9	7.02%	-0.5	0.6	64	-1.1
18	Jun_21_2022	45.14	54.46	58.1	62.49	62.14	61.56	59.28(-7.13%)	UD	OpenLong	65	-0.5	3	-80	-35	117	80.08	61%	0.58	29.2	7.07%	-1.2	0.7	65	-2.3
19	Jun_17_2022	44.88	54.38	57.01	63.49	63.29	65.11	63.83(-3.86%)	UD	OpenLong	75	0	57	190	23	160	120.75	63%	0.43	39	7%	-0.1	1.4	71	0.3
20	Jun_16_2022	44.69	54.02	55.42	61.97	63.44	62.72	66.4(12.45%)	UT	OpenLong	75	0.7	63	-10	35	148	127.52	63%	0.49	33.5	7%	1.3	1.9	64	0.4

21	Jun_15_2022	44.47	53.48	53.2	58.89	60.9	61.47	59.05(-7.58%)	UD	OpenLong	75	0	22	170	1	85	139.76	61%	0.36	21	7%	-2.4	0.9	52	0.3
22	Jun_14_2022	44.31	53.01	52.09	56.55	58.88	64.15	63.89(-0.59%)	UD	OpenLong	75	1.2	65	750	64	69	118	63%	0.52	7.5	7.04%	1	1.8	52	0.4
23	Jun_13_2022	44.08	52.46	50.34	53.01	54.75	60.33	64.27(14.28%)	UT	OpenLong	75	2.1	73	810	86	32	153.14	63%	0.52	-11.1	7.08%	1.4	2.2	57	0.5
24	Jun_10_2022	43.85	51.81	48.47	49.67	50.18	53.62	56.24(10.29%)	RB	SmallLong	20	1.4	31	510	52	-31	134.59	60%	0.41	-29.1	6.9%	1.3	0.9	46	1.2
25	Jun_9_2022	43.67	51.88	47.93	48.02	48	49.17	51(7.72%)	N/A	N/A	0	0.6	5	170	29	-66	108.54	58%		-28.3	6.8%	3.1	-0.2	41	1
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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