Trading Signals: SQQQ Stock Price Prediction and Forecast

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Wed. Sep. 27, 2023

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

(ProShares UltraPro Short QQQ)
SQQQ latest price $20.9700 (-0.66%) ($20.9700 - $20.9700) on Wed. Sep. 27, 2023.

Trend Analysis and Forecast

Average Daily Percentage Swing   3.01% (three month average)
RSI   69
Latest Price   $20.9700(-0.66%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   SQQQ advances 1.7% a day on average for past five trading days.
Weekly Trend   SQQQ advances 6.3% a week on average for past two weeks.
Market Behavior   Normal for large cap. Broad based rally for small cap.
Correlated ETFs   Broad market will support SQQQ advance at 0% a week (0% probability)
VXX(69%)    VIXM(64%)    TBT(32%)    UUP(28%)    GLD(12%)
Factors Impacting SQQQ price   SQQQ will decline at least -1.505% in a week (0% probabilities).
QQQ(-99%)    VUG(-97%)    IWF(-97%)    IVW(-95%)    XLK(-94%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -1.505% (StdDev 3.01%)
Hourly BBV 0.2 ()
Intraday Trend 0%

5 Day Moving Average   $20.63(1.65%)
10 Day Moving Average   $19.74(6.23%)
20 Day Moving Average   $18.96(10.6%)
To recent high   -0.7%
To recent low   26.1%
Market Cap   $N/A

Average daily price decay: -0.01%

$. SQQQ is a 3x leveraged ETF. You'll lose 0.01% a day on average for holding it.$. SQQQ price fluctuates within 5.8% (three month std-dev: 3.01%) daily (68% of days).

Sample size 50 Average positive next day return: 2.95%(46%) Average negative next day return: -1.57%(54%) Sample size 50 Average positive next three day return: 6.57%(40%) Average negative next three day return: -3.65%(60%) Sample size 50 Average positive next weekly return: 7.99%(50%) Average negative next weekly return: -5.1%(50%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20231027

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	Sep_27_2023	20.23	18.96	19.74	20.63	20.68	21.04	20.97(-0.66%)	UD	OpenLong	75	0.3	48	130	19	133	148.91	46%	-0.44	37.2	3.01%	0.2	1.8	69	-1.6
2	Sep_26_2023	20.32	18.8	19.47	20.29	20.55	20.65	21.11(4.5%)	UT	OpenLong	75	0.8	48	70	24	118	115.15	48%	-0.39	22.5	3.06%	1.8	2.3	72	-3
3	Sep_25_2023	20.4	18.7	19.2	19.85	20.09	20.32	20.2(-1.1%)	UD	OpenLong	75	0.4	32	120	11	96	113.67	46%	-0.44	9.6	3.05%	0.8	1.7	72	-1.5
4	Sep_22_2023	20.49	18.66	18.97	19.56	19.77	20.44	20.43(-0.05%)	UD	OpenLong	75	1	40	270	24	88	129.78	44%	-0.49	-6.1	3.07%	0.8	2.1	73	-1
5	Sep_21_2023	20.59	18.64	18.77	19.24	19.34	19.86	20.44(5.94%)	UT	OpenLong	75	1.5	46	200	34	83	137.45	44%	-0.53	-19.5	3.1%	1.6	2.2	74	-0.9

6	Sep_20_2023	20.7	18.56	18.57	18.73	18.94	19.09	19.29(2.14%)	UT	OpenLong	75	0.8	25	90	15	54	110.11	40%	-0.53	-48.3	3.03%	1.2	1	65	-0
7	Sep_19_2023	20.81	18.58	18.45	18.53	18.59	18.82	18.89(0.67%)	UT	OpenLong	75	0.5	14	100	5	41	104.58	40%	-0.48	-49.9	3.01%	0.4	0.4	58	0.9
8	Sep_18_2023	20.91	18.62	18.34	18.45	18.44	18.8	18.76(-0.42%)	UD	OpenLong	75	0.4	16	140	14	23	86.5	40%	-0.52	-45.3	3.04%	0.9	0.2	43	1
9	Sep_15_2023	21.02	18.71	18.24	18.28	18.37	18.35	18.84(5.52%)	N/A	N/A	0	0.6	4	10	8	-8	120.38	38%	-0.52	-37.5	3.05%	1.6	0.1	41	1
10	Sep_14_2023	21.13	18.8	18.24	18.23	18.14	18.08	17.86(-2.43%)	DT	OpenShort	-75	-0.4	-20	-40	-12	-45	117.88	34%	-0.7	-29.4	3.04%	-1.7	-0.9	28	1.5

11	Sep_13_2023	21.28	18.91	18.12	18.38	18.32	18.39	18.3(-0.92%)	DT	HoldShort	-50	-0.1	-8	20	3	-42	117.25	34%	-0.7	-21.6	3.05%	0.9	-0.6	45	1.3
12	Sep_12_2023	21.43	18.97	18.1	18.36	18.39	18.2	18.47(3.01%)	DP	OpenShort	-65	0.1	-12	-70	5	-61	92.89	32%	-0.6	-18.6	3.06%	1.2	-0.5	39	1
13	Sep_11_2023	21.56	18.99	18.17	18.21	18.33	18.26	17.93(-3.55%)	DT	OpenShort	-75	-0.3	-22	-10	-4	-77	92.39	32%	-0.6	-19.9	3.1%	-2	-1	36	1.3
14	Sep_8_2023	21.69	19.07	18.34	18.18	18.27	18.59	18.59(-0.11%)	DP	OpenShort	-65	0.4	-12	140	12	-84	96.16	32%	-0.6	-17.7	3.08%	0.7	-0.5	34	1.3
15	Sep_7_2023	21.82	19.1	18.49	17.99	18.06	18.4	18.61(2.17%)	DP	OpenShort	-65	0.6	-13	140	15	-97	117.51	36%	-0.55	-19.3	3.11%	0.9	-0.5	35	1.2

16	Sep_6_2023	21.94	19.13	18.53	17.84	17.83	17.96	18.22(2.91%)	DP	OpenShort	-65	0.4	-26	50	5	-117	116	36%	-0.54	-19.1	3.17%	1.4	-0.9	38	1.4
17	Sep_5_2023	22.06	19.16	18.7	17.82	17.75	17.73	17.7(-0.34%)	DT	OpenShort	-75	-0.1	-40	-20	-12	-123	84.4	36%	-0.94	-13.2	3.15%	-0.6	-1.5	41	1.7
18	Sep_1_2023	22.27	19.2	18.92	18.15	17.84	17.71	17.76(0.59%)	DP	OpenShort	-75	-0.4	-40	-100	-19	-102	110.28	35%	-0.58	1.4	3.13%	0.3	-1.5	46	2.3
19	Aug_31_2023	22.4	19.25	19.22	18.55	18.25	17.76	17.66(-1.2%)	DT	OpenShort	-75	-1	-38	-240	-26	-73	98.16	35%	-0.62	22.4	3.16%	-1.1	-1.8	42	2.3
20	Aug_30_2023	22.54	19.3	19.54	19.07	18.77	17.98	17.87(-1.22%)	DT	OpenShort	-75	-1.4	-27	-340	-25	-33	114.07	35%	-0.62	43	3.17%	-1.1	-1.7	45	2.2

21	Aug_29_2023	22.68	19.33	19.77	19.31	19.38	18.73	18.09(-6.61%)	DT	OpenShort	-75	-1.3	-24	-220	-28	-13	127	35%	-0.53	49.2	3.17%	-1.7	-1.3	46	1.7
22	Aug_28_2023	22.8	19.29	19.93	19.69	19.62	19.56	19.37(-1.95%)	N/A	N/A	0	-0.3	-4	-30	-12	22	105.52	37%	-0.18	53.6	3.09%	-1.1	0.1	58	1.5
23	Aug_25_2023	22.84	19.18	19.9	19.79	19.77	20.02	19.76(-2.59%)	UD	OpenLong	65	-0	8	90	-2	37	209.76	32%	-0.48	48.1	3.23%	0.1	0.5	63	0.2
24	Aug_24_2023	22.95	19.05	19.88	20.02	19.79	19.68	20.28(6.35%)	UT	HoldLong	50	0.2	14	-70	-1	57	145.7	32%	-0.48	49.7	3.33%	1.3	1.1	62	-0.6
25	Aug_23_2023	23.06	18.93	19.77	20.1	19.93	19.53	19.07(-4.55%)	UD	OpenLong	65	-0.9	5	-170	-16	68	117.35	30%		53.4	3.23%	-1.5	0.1	59	0.5
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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