Trading Signals: SQQQ Stock Price Prediction and Forecast

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Mon. Apr. 6, 2020

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

(ProShares UltraPro Short QQQ)
SQQQ latest price $84.7500 (-21.02%) ($82.7500 - $97.4000) on Mon. Apr. 6, 2020.

Trend Analysis and Forecast

Average Daily Percentage Swing   10.43% (three month average)
RSI   39
Latest Price   $84.7500(-21.02%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   SQQQ declines -2% a day on average for past five trading days.
Weekly Trend   SQQQ declines -14.9% 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)
VIXM(20%)    UUP(8%)    VXX(8%)    TLT(2%)    IGOV(-2%)
Factors Impacting SQQQ price   SQQQ will decline at least -5.215% in a week (0% probabilities).
QQQ(-36%)    IWF(-36%)    IVW(-36%)    VUG(-32%)    SPY(-32%)

Relative Volatility (options are extremely cheap)

Market Trend Strength   -5.215% (StdDev 10.43%)
Hourly BBV -1.8 ()
Intraday Trend -11.2%

Resistance Level   $118.52
5 Day Moving Average   $100.47(-15.65%)
10 Day Moving Average   $102.85(-17.6%)
20 Day Moving Average   $118.52(-28.49%)
To recent high   -47.5%
To recent low   6%
Market Cap   $N/A

Average daily price decay: -0.11%

$. SQQQ is a 3x leveraged ETF. You'll lose 0.11% a day on average for holding it.$. SQQQ price fluctuates within 17.13% (three month std-dev: 10.43%) daily (68% of days).

Sample size 2 Average positive next day return: 1.46%(50%) Average negative next day return: -5.8%(50%) Sample size 2 Average positive next three day return: 6.62%(50%) Average negative next three day return: -14.29%(50%) Sample size 2 Average positive next weekly return: 16.69%(50%) Average negative next weekly return: -2.68%(50%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20200506

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	Apr_6_2020	110.48	118.52	102.85	100.47	102.76	98.06	84.75(-21.02%)	DT	OpenShort	-75	-0.8	-64	-250	-50	-105	18.07	50%	-0.42	-17	10.43%	-1.8	-1.7	39	0.8
2	Apr_3_2020	110.95	121.08	108.9	102.56	104.16	106.77	107.3(3.92%)	DP	OpenShort	-65	0.3	-19	220	2	-82	15.84	53%	-0.24	-8	10.08%	0.6	-0.7	38	0.1
3	Apr_2_2020	111.22	121.38	112.49	102.45	102.57	107.45	103.25(-5.92%)	N/A	N/A	0	0	11	340	34	-58	20.38	52%	-0.28	-9.7	10.08%	0.4	-1	52	-0.1
4	Apr_1_2020	111.53	121.67	115.39	101.27	101.83	101.55	109.75(12.8%)	DP	OpenShort	-65	0.4	-5	-0	19	-76	17.87	52%	-0.21	-14.2	10.07%	1.9	-0.6	44	-0.4
5	Mar_31_2020	111.77	121.22	117.79	102.48	101.18	97.68	97.3(2.21%)	DP	OpenShort	-75	-0.3	-55	-280	-41	-95	18.47	50%	-0.34	-14.2	10.03%	-0.3	-1.2	50	-0.1

6	Mar_30_2020	112.15	122.08	120.79	105.86	105.44	102.11	95.2(-10.82%)	DT	OpenShort	-75	-0.6	-56	-230	-46	-85	17.43	50%	-0.36	-8.4	10.02%	-1.9	-1.4	53	-0.3
7	Mar_27_2020	112.55	122.6	126.62	116.3	110.62	104.69	106.75(9.66%)	DP	OpenShort	-75	-0.5	-65	-520	-66	-62	16.58	52%	-0.26	8	9.93%	-0.4	-0.9	51	-0.6
8	Mar_26_2020	112.84	123.23	127.88	124.27	121.53	108.78	97.35(-15.93%)	DT	OpenShort	-75	-1.5	-66	-800	-73	-44	22.39	52%	-0.36	29.2	9.85%	-1.8	-1.4	54	-0.3
9	Mar_25_2020	113.25	124.48	134.32	131.4	129.08	116.55	115.8(1.4%)	DP	OpenShort	-75	-0.9	-90	-730	-114	-17	21.08	54%	-0.19	53.4	9.64%	-0.8	-0.5	59	-0.7
10	Mar_24_2020	113.46	124.01	135.7	135.18	134.36	134.28	114.2(-22.52%)	CR	SmallShort	-20	-1.2	-36	-20	-58	31	21.81	54%	-0.19	66.7	9.72%	-1.5	-0.5	61	-0.6

11	Mar_23_2020	113.68	123.69	136.02	137.42	139.68	141.62	147.4(0.55%)	UT	OpenLong	75	0.5	57	150	47	85	20.2	58%	0.09	75.7	9.26%	1.2	1.3	62	-0.8
12	Mar_20_2020	113.58	121.17	134.49	138.63	136.69	134.45	146.6(10.23%)	UT	HoldLong	50	0.4	8	-160	-18	84	20.82	58%	0.04	81.5	9.26%	1.2	1.3	64	-1.5
13	Mar_19_2020	113.53	118.21	130.96	132.43	139.9	137.74	133(-1.26%)	UD	OpenLong	65	0	7	60	-13	66	20.78	56%	-0.09	70.9	9.18%	-0.7	0.8	58	-1.7
14	Mar_18_2020	113.63	115.76	128.4	138.1	139.24	138.94	134.7(7.42%)	UD	OpenLong	65	-0.2	2	10	-23	78	17.02	56%	-0.08	78.2	9.18%	0.1	0.9	58	-2.4
15	Mar_17_2020	113.72	113.09	124.82	136.44	141.98	142.06	125.4(-18.28%)	UD	OpenLong	75	-0.5	44	130	28	93	20.89	56%	-0.14	73.5	9.14%	-1.6	0.6	60	-2.2

16	Mar_16_2020	113.88	111.01	123.44	133.86	138.87	139.54	153.45(32.74%)	UT	OpenLong	75	0.9	36	150	18	89	16.9	59%	0.07	68.5	8.82%	0.7	2	64	-2.7
17	Mar_13_2020	113.8	107.36	117.98	129.83	131.72	141.91	115.6(-28.35%)	UD	OpenLong	75	-0.7	43	590	26	94	19.25	54%	-0.3	66.7	7.8%	-1.1	0.4	60	-1.9
18	Mar_12_2020	114.14	105.8	118.14	128.8	131.66	138.2	161.35(27.65%)	UT	OpenLong	75	1.6	192	410	192	193	17.16	60%	0.07	62.9	6.88%	1.7	2.8	72	-2.6
19	Mar_11_2020	114.06	101.66	113.34	117.57	121.86	121.53	126.4(12.36%)	UT	OpenLong	75	0.6	39	90	13	116	12.17	55%	-0.24	54.5	5.94%	0.6	1.6	69	-2.2
20	Mar_10_2020	114.34	99.53	110.97	111.62	116.9	125.13	112.5(-15.6%)	UD	OpenLong	75	0.1	70	630	51	126	14.58	52%	-0.34	43.6	5.73%	-0.9	0.9	67	-2

21	Mar_9_2020	114.73	98.16	110.24	111.2	112.36	122.19	133.3(20.69%)	UT	OpenLong	75	1.5	193	640	186	214	13.08	57%	-0.19	39.3	5.37%	1.3	2.4	73	-2.7
22	Mar_6_2020	114.95	95.75	106.46	104.61	105.81	108.67	110.45(4.99%)	UT	OpenLong	75	0.5	92	220	69	162	16.08	50%	-0.36	26	4.68%	1.1	1.2	68	-2.3
23	Mar_5_2020	115.36	94.54	104.26	105.92	104.49	102.54	105.2(8.85%)	N/A	N/A	0	-0.1	-1	-170	-48	140	11.32	49%	-0.41	26.5	4.64%	0.5	0.9	66	-2.1
24	Mar_4_2020	115.84	93.72	102.16	108.64	109.52	102.96	96.65(-12.45%)	N/A	N/A	0	-1	-7	-390	-66	172	12.8	46%	-0.48	30.8	4.49%	-1.8	0.2	63	-1.6
25	Mar_3_2020	116.4	93.41	100.77	109.98	112.7	106.45	110.4(10.01%)	N/A	N/A	0	0	-33	-310	-105	183	17.32	50%		31.2	4.22%	-0.3	1.4	69	-2.3
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

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