Trading Signals: SQQQ Stock Price Prediction and Forecast

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Tue. Nov. 21, 2023

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

(ProShares UltraPro Short QQQ)
SQQQ latest price $16.0000 (1.81%) ($16.0000 - $16.0000) on Tue. Nov. 21, 2023.

Trend Analysis and Forecast

Average Daily Percentage Swing   3.3% (three month average)
RSI   14
Latest Price   $16.0000(1.81%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   SQQQ declines -0.4% a day on average for past five trading days.
Weekly Trend   SQQQ declines -8.2% a week on average for past two weeks.
Market Behavior   Value stocks 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)
UUP(41%)    VIXM(11%)    TBT(9%)    VXX(4%)    XLE(-0%)
Factors Impacting SQQQ price   SQQQ will decline at least -1.65% in a week (0% probabilities).
VUG(-93%)    SPY(-93%)    XLK(-92%)    IWF(-92%)    EWY(-80%)

Relative Volatility (options are extremely cheap)

Market Trend Strength   -1.65% (StdDev 3.3%)
Hourly BBV -0.3 ()
Intraday Trend 0%

1 - 5 Day Possible Target   $-6.11(-138.19%)
Resistance Level   $18.62
5 Day Moving Average   $16.12(-0.74%)
10 Day Moving Average   $16.77(-4.59%)
20 Day Moving Average   $18.62(-14.07%)
To recent high   -30.5%
To recent low   1.8%
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 12.62% (three month std-dev: 3.3%) daily (68% of days).

Sample size 28 Average positive next day return: 2.78%(46%) Average negative next day return: -4.19%(54%) Sample size 28 Average positive next three day return: 4.09%(46%) Average negative next three day return: -4.29%(54%) Sample size 28 Average positive next weekly return: 4.87%(54%) Average negative next weekly return: -8.11%(46%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20231221

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	Nov_21_2023	18.92	18.62	16.77	16.12	16.07	15.86	16(1.81%)	DP	OpenShort	-75	-0.1	-42	-100	-5	-151	102.73	44%	-0.11	-45.6	3.3%	-0.3	-1.1	14	1.3
2	Nov_20_2023	18.94	18.84	16.98	16.19	16.15	15.99	15.72(-3.38%)	DT	HoldShort	-65	-0.2	-59	-80	-18	-180	110.53	44%	-0.21	-43.7	3.34%	-2.1	-1.4	9	1.4
3	Nov_17_2023	18.98	19.11	17.27	16.54	16.31	16.28	16.27(-0.21%)	DT	HoldShort	-65	-0.1	-55	-50	-10	-188	108.89	45%	-0.16	-38.1	3.32%	-0.5	-1.3	9	1.5
4	Nov_16_2023	19.01	19.36	17.53	16.74	16.6	16.3	16.3(0%)	DT	HoldShort	-50	-0.2	-66	-150	-18	-211	124.94	47%	-0.21	-34.4	3.35%	0.1	-1.5	8	1.5
5	Nov_15_2023	19.05	19.57	17.85	17.18	16.84	16.34	16.3(-0.43%)	DT	HoldShort	-65	-0.4	-74	-270	-25	-219	141.34	48%	-0.16	-27.7	3.37%	-0.7	-1.7	8	1.6

6	Nov_14_2023	19.08	19.76	18.27	17.53	17.4	16.91	16.37(-6.16%)	DT	HoldShort	-65	-0.6	-69	-220	-22	-209	149.26	47%	-0.26	-21.9	3.4%	-1.5	-1.9	21	1.5
7	Nov_13_2023	19.13	19.91	18.79	17.88	17.82	17.35	17.45(1.07%)	DP	OpenShort	-75	-0.3	-60	-190	-18	-186	102.77	49%	-0.1	-17.9	3.34%	-1	-1.5	37	1.4
8	Nov_10_2023	19.15	19.99	19.23	18.12	17.99	17.89	17.26(-6.78%)	DT	OpenShort	-75	-0.5	-56	-60	-19	-167	154.38	49%	-0.1	-16.3	3.35%	-2.2	-1.7	34	1.4
9	Nov_9_2023	19.17	20.11	19.78	18.43	18.34	18.3	18.52(2.52%)	DP	OpenShort	-75	0.1	-38	-30	-4	-139	165.51	52%	-0.1	-11.8	3.24%	2.8	-1	37	0.9
10	Nov_8_2023	19.19	20.13	20.22	18.63	18.41	18.09	18.06(-0.33%)	DT	OpenShort	-75	-0.4	-47	-160	-24	-117	114.7	52%	-0.1	-13.4	3.25%	-0.7	-1.4	42	1.6

11	Nov_7_2023	19.21	20.17	20.61	19.13	18.77	18.39	18.12(-2.84%)	DT	OpenShort	-75	-0.7	-45	-200	-33	-82	124.46	52%	-0.05	-9.5	3.26%	-1.5	-1.4	45	1.7
12	Nov_6_2023	19.22	20.21	20.86	19.85	19.38	18.73	18.65(-0.82%)	DT	OpenShort	-75	-0.8	-35	-310	-34	-38	98.72	52%	-0.05	-3.6	3.26%	-0.9	-1.1	53	1.9
13	Nov_3_2023	19.23	20.25	21.11	20.52	20.14	19.16	18.81(-3.66%)	N/A	N/A	0	-1.2	-31	-400	-44	8	138.86	52%	0	6.4	3.27%	-1.2	-1	56	1.9
14	Nov_2_2023	19.23	20.29	21.37	21.34	20.94	20.03	19.52(-5.1%)	N/A	N/A	0	-1.3	-17	-360	-44	66	120.55	57%	0	20.1	3.23%	-1.4	-0.6	55	1.9
15	Nov_1_2023	19.23	20.34	21.46	22.04	21.79	21.11	20.57(-5.12%)	UD	OpenLong	65	-1.1	14	-250	-24	126	150.68	59%	0.05	34.7	3.27%	-2.3	0.2	64	1.6

16	Oct_31_2023	19.22	20.31	21.41	22.29	22.41	21.85	21.68(-1.54%)	UD	OpenLong	65	-0.4	41	-160	-2	168	114.19	62%	0.05	37	3.2%	-1.7	1	71	1.3
17	Oct_30_2023	19.21	20.27	21.15	22.02	22.44	22.47	22.02(-3.8%)	UD	OpenLong	75	0	43	70	3	163	137.79	62%	0	32.3	3.19%	-1.7	1.3	70	-0.1
18	Oct_27_2023	19.21	20.16	20.82	21.78	22.02	22.97	22.89(-0.59%)	UD	OpenLong	75	0.9	57	340	24	157	179.69	61%	0.05	28.5	3.23%	1	2.1	71	-1.7
19	Oct_26_2023	19.2	20.01	20.45	21.42	21.51	22.42	23.03(5.57%)	UT	OpenLong	75	1.4	70	310	43	150	180.08	61%	0	23	3.23%	1.3	2.6	70	-1.1
20	Oct_25_2023	19.2	19.87	19.99	20.84	21.02	21.07	21.81(7.28%)	UT	OpenLong	75	1	43	40	24	99	140.52	59%	0	10.9	3.17%	1.9	2	56	-0.8

21	Oct_24_2023	19.2	19.81	19.64	20.42	20.61	20.6	20.33(-2.56%)	UD	OpenLong	75	-0.1	18	20	5	57	119.89	56%	-0.05	6.8	3.06%	-1.5	0.6	51	0.4
22	Oct_23_2023	19.21	19.84	19.47	20.14	20.46	20.97	20.87(-0.93%)	UD	OpenLong	75	0.8	27	220	26	28	154.96	56%	-0.05	9.4	3.04%	0.5	1.2	46	-0.7
23	Oct_20_2023	19.22	19.8	19.29	19.68	19.97	20.63	21.06(4.57%)	N/A	N/A	0	1.6	20	280	29	-6	155.06	59%	-0.05	2.5	3.04%	1.6	1.4	54	-1.3
24	Oct_19_2023	19.23	19.75	19.09	19.33	19.35	19.95	20.14(2.21%)	N/A	N/A	0	1	8	220	23	-36	192.36	57%	-0.16	-0.7	3.11%	2.2	0.5	48	-1.4
25	Oct_18_2023	19.26	19.76	19.08	19.01	19.13	19.32	19.71(4.2%)	N/A	N/A	0	0.8	2	90	21	-57	137.92	57%		2.6	3.1%	2.1	-0.1	44	-0.7
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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