Trading Signals: SQQQ Stock Price Prediction and Forecast

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Wed. Oct. 11, 2023

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

(ProShares UltraPro Short QQQ)
SQQQ latest price $18.3850 (-1.74%) ($18.3850 - $18.3850) on Wed. Oct. 11, 2023.

Trend Analysis and Forecast

Average Daily Percentage Swing   3.12% (three month average)
RSI   36
Latest Price   $18.3850(-1.74%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   SQQQ declines -1.7% a day on average for past five trading days.
Weekly Trend   SQQQ declines -3.7% a week on average for past two weeks.
Market Behavior   Broad based rally for large cap. Growth stock sell-off for small cap.
Correlated ETFs   Broad market will support SQQQ advance at 0% a week (0% probability)
VXX(64%)    VIXM(60%)    TBT(30%)    UUP(29%)    GLD(22%)
Factors Impacting SQQQ price   SQQQ will decline at least -1.56% in a week (0% probabilities).
VUG(-97%)    IWF(-97%)    IVW(-96%)    XLK(-94%)    SPY(-92%)

Relative Volatility (options are extremely cheap)

Market Trend Strength   -1.56% (StdDev 3.12%)
Hourly BBV -1.2 ()
Intraday Trend 0%

Resistance Level   $19.74
5 Day Moving Average   $19.18(-4.14%)
10 Day Moving Average   $19.75(-6.91%)
20 Day Moving Average   $19.74(-6.86%)
To recent high   -12.9%
To recent low   10.6%
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 4.91% (three month std-dev: 3.12%) daily (68% of days).

Sample size 8 Average positive next day return: 3.41%(63%) Average negative next day return: -2.83%(38%) Sample size 8 Average positive next three day return: 5.27%(75%) Average negative next three day return: -4.44%(25%) Sample size 8 Average positive next weekly return: 10.71%(50%) Average negative next weekly return: -4.87%(50%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20231111

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	Oct_11_2023	19.48	19.74	19.75	19.18	18.87	18.55	18.39(-1.74%)	DT	OpenShort	-75	-0.8	-37	-170	-22	-81	112.91	49%	-0.46	15.5	3.12%	-1.2	-1.4	36	0.4
2	Oct_10_2023	19.57	19.74	20.01	19.52	19.36	18.91	18.71(-2.09%)	DT	OpenShort	-75	-0.8	-30	-190	-23	-51	105.31	49%	-0.31	26.3	3.12%	-1.5	-1.1	50	0.2
3	Oct_9_2023	19.63	19.75	20.26	19.99	19.71	19.19	19.11(-0.98%)	DT	OpenShort	-75	-0.9	-18	-230	-21	-7	109.39	49%	-0.36	42.5	3.11%	-1.5	-0.6	56	-0.1
4	Oct_6_2023	19.7	19.71	20.38	20.18	20.2	19.82	19.3(-5.25%)	N/A	N/A	0	-0.9	-7	-130	-15	19	174.72	49%	-0.3	48.4	3.11%	-2.2	-0.4	58	-0.7
5	Oct_5_2023	19.76	19.68	20.51	20.38	20.41	20.23	20.37(1.39%)	UD	OpenLong	65	-0	7	-60	-7	48	116.56	51%	-0.35	57.9	3.05%	-1.2	0.7	65	-0.7

6	Oct_4_2023	19.83	19.59	20.52	20.41	20.38	20.59	20.09(-4.7%)	UD	OpenLong	65	-0.3	14	70	-7	75	143.77	51%	-0.4	61.5	3.05%	-1	0.5	71	-1
7	Oct_3_2023	19.91	19.5	20.45	20.41	20.49	20.58	21.08(4.98%)	UT	OpenLong	75	0.4	31	20	7	103	131.99	54%	-0.35	64.2	3.01%	1.9	1.4	73	-2.1
8	Oct_2_2023	19.98	19.33	20.24	20.59	20.46	20.18	20.08(-0.99%)	UD	OpenLong	65	-0.5	22	-110	-7	108	123.52	51%	-0.45	60.6	2.95%	-0.3	0.7	66	-1.1
9	Sep_29_2023	20.07	19.22	20.13	20.62	20.72	20.4	20.28(-1.15%)	UD	OpenLong	65	-0.3	25	-90	-6	119	154.25	48%	-0.4	51.3	3.02%	-0.5	0.9	72	-1.3
10	Sep_28_2023	20.15	19.09	19.99	20.64	20.7	20.74	20.52(-2.17%)	UD	OpenLong	65	-0.1	29	20	-4	128	137.17	48%	-0.4	41	3.02%	-1.5	1.3	65	-0.9

11	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
12	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
13	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
14	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
15	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

16	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
17	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
18	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
19	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
20	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

21	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
22	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
23	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
24	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
25	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%		-19.3	3.11%	0.9	-0.5	35	1.2
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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