Trading Signals: SQQQ Stock Price Prediction and Forecast

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Thu. Sep. 1, 2022

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

(ProShares UltraPro Short QQQ)
SQQQ latest price $45.2300 (1.61%) ($45.2100 - $45.2300) on Thu. Sep. 1, 2022.

Trend Analysis and Forecast

Average Daily Percentage Swing   5.69% (three month average)
RSI   81
Latest Price   $45.2300(1.61%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   SQQQ advances 3.7% a day on average for past five trading days.
Weekly Trend   SQQQ advances 13.3% a week on average for past two weeks.
Market Behavior   Normal 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(24%)    VIXM(18%)    TBT(12%)    EDOC(9%)    VXX(3%)
Factors Impacting SQQQ price   SQQQ will decline at least -2.845% in a week (0% probabilities).
QQQ(-99%)    IWF(-98%)    IVW(-95%)    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   -2.845% (StdDev 5.69%)
Hourly BBV 0.4 ()
Intraday Trend 0%

5 Day Moving Average   $43.81(3.24%)
10 Day Moving Average   $41.34(9.41%)
20 Day Moving Average   $38.64(17.05%)
To recent high   -31.9%
To recent low   35.2%
Market Cap   $N/A

Average daily price decay: -0.03%

$. SQQQ is a 3x leveraged ETF. You'll lose 0.03% a day on average for holding it.$. SQQQ price fluctuates within 9.24% (three month std-dev: 5.69%) daily (68% of days).

Sample size 19 Average positive next day return: 1.81%(32%) Average negative next day return: -2.75%(68%) Sample size 19 Average positive next three day return: 3.11%(32%) Average negative next three day return: -4.67%(68%) Sample size 19 Average positive next weekly return: 8.37%(32%) Average negative next weekly return: -3.73%(68%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20221001

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_1_2022	48.06	38.64	41.34	43.81	44.34	44.87	45.23(1.61%)	UT	HoldLong	65	0.4	53	120	21	148	164.96	53%	0.15	42.9	5.69%	0.4	1.8	81	1.5
2	Aug_31_2022	47.99	38.17	40.3	42.23	43.46	44.5	44.52(0.08%)	UT	OpenLong	75	0.7	49	250	24	123	124.46	53%	0.1	25.2	5.69%	0.8	2	69	1.9
3	Aug_30_2022	47.94	37.77	39.34	41.2	41.66	43.82	44.48(3.08%)	UT	OpenLong	75	1.1	47	400	27	108	153.96	53%	0.08	8.1	5.69%	1.1	2.3	70	2.1
4	Aug_29_2022	47.9	37.5	38.25	40.24	40.38	42.43	43.15(3.53%)	UT	OpenLong	75	1.1	48	370	36	83	129.54	53%	0.13	-17.3	5.73%	1.1	2.2	57	2.2
5	Aug_26_2022	47.84	37.3	37.26	39.54	39.51	39.5	41.68(11.74%)	UT	OpenLong	75	0.9	30	-0	21	56	156.44	48%	0.15	-40.7	5.84%	2.2	1.9	58	2

6	Aug_25_2022	47.77	37.16	36.49	38.53	39.01	38.34	37.3(-5.28%)	UD	OpenLong	65	-0.5	2	-80	-5	22	85.07	44%	0.02	-62.5	5.73%	-2	0.1	50	1.2
7	Aug_24_2022	47.76	37.38	36.4	38.02	38.85	39.53	39.38(-0.73%)	UD	OpenLong	75	0.5	15	190	13	21	78.71	44%	0.13	-63.7	5.72%	-0.6	0.7	58	1.8
8	Aug_23_2022	47.7	37.53	36.01	37.13	37.69	39.69	39.67(0.03%)	UT	OpenLong	75	0.7	26	420	31	11	102.19	44%	0.17	-55.7	5.79%	0.8	0.6	57	2.1
9	Aug_22_2022	47.62	37.95	35.88	35.92	36.5	38.18	39.66(8.2%)	RB	SmallLong	20	0.9	29	370	41	-8	102.16	44%	0.11	-56.1	5.82%	1.5	0.4	47	1
10	Aug_19_2022	47.57	38.26	35.63	34.68	34.98	35.7	36.66(5.51%)	N/A	N/A	0	0.4	2	170	17	-43	101.41	41%	0.08	-64.8	5.72%	1.5	-0.4	40	-0

11	Aug_18_2022	47.53	38.71	35.67	34.2	34.18	34.82	34.74(-0.46%)	DP	OpenShort	-65	0.1	-14	130	2	-63	88.87	46%	0.04	-71.2	5.67%	-0.1	-0.9	34	-0.7
12	Aug_17_2022	47.51	39.16	35.86	34.55	34.06	34.27	34.9(3.78%)	DP	OpenShort	-65	0.1	-16	0	2	-68	124.88	44%	0.08	-77.4	5.99%	0.9	-0.9	29	-0.7
13	Aug_16_2022	47.47	39.7	36.08	34.74	34.46	33.55	33.63(0.51%)	DP	OpenShort	-75	-0.2	-33	-210	-15	-86	107.2	44%	0.02	-81.3	6.04%	-0.7	-1.3	22	-1.2
14	Aug_15_2022	47.46	40.41	36.73	35.83	35	33.86	33.46(-2.36%)	DT	HoldShort	-65	-0.5	-44	-300	-27	-96	87.29	44%	-0.04	-75.3	6.06%	-1.6	-1.3	16	-1.5
15	Aug_12_2022	47.48	41.36	37.38	36.69	36.42	35.38	34.27(-6.08%)	DT	OpenShort	-75	-0.5	-35	-220	-16	-93	89.13	41%	0	-71	6.19%	-2	-1.3	26	-2.2

16	Aug_11_2022	47.48	42.21	37.95	37.32	37.29	36.15	36.49(1.81%)	DP	OpenShort	-75	-0.1	-33	-220	-12	-97	120.76	44%	0	-64.5	6.15%	-0.3	-1	31	-1.8
17	Aug_10_2022	47.48	43.09	38.5	37.34	37.52	37.46	35.84(-8.36%)	DT	OpenShort	-75	-0.3	-33	0	-11	-99	107.23	44%	0	-58.9	6.27%	-1.3	-1.2	36	-1.6
18	Aug_9_2022	47.48	44.02	39.23	37.59	37.72	38.43	39.11(3.59%)	DP	OpenShort	-65	0.2	-19	140	7	-95	108.97	50%	0.02	-56.8	6.21%	1	-0.8	37	-1.2
19	Aug_8_2022	47.47	44.78	40.18	37.82	37.18	37.58	37.76(0.92%)	DP	OpenShort	-75	-0	-24	20	-2	-90	119.39	50%	0.02	-55.4	6.42%	1.1	-1.1	31	-1.8
20	Aug_5_2022	47.46	45.56	41.07	38.24	37.81	37.01	37.41(2.21%)	DP	OpenShort	-75	-0.1	-28	-180	-5	-96	135.13	54%	-0.06	-58.8	6.43%	0.7	-1.3	25	-1.3

21	Aug_4_2022	47.49	46.22	41.94	38.72	38.43	36.78	36.6(-1.21%)	DT	OpenShort	-75	-0.4	-45	-320	-25	-104	116.72	51%	-0.11	-66.3	6.73%	-1.1	-1.7	26	-1
22	Aug_3_2022	47.54	46.93	42.71	39.83	39.21	38.61	37.05(-7.97%)	DT	HoldShort	-65	-0.5	-46	-150	-25	-107	120.47	51%	-0.21	-70.1	6.87%	-1.8	-1.8	24	-2.8
23	Aug_2_2022	47.64	47.79	43.63	41.08	40.51	40.08	40.26(0.93%)	DP	OpenShort	-75	-0.2	-37	-120	-14	-106	140.58	53%	-0.25	-72	6.8%	0.2	-1.5	26	-1.4
24	Aug_1_2022	47.76	48.52	44.4	42.95	41.27	39.81	39.89(0.23%)	DP	OpenShort	-75	-0.6	-47	-360	-28	-105	123.94	53%	-0.17	-65	6.83%	-0.7	-1.7	26	-2.7
25	Jul_29_2022	47.84	49.42	45.67	44.36	43.7	40.94	39.8(-5.6%)	DT	OpenShort	-75	-0.9	-45	-490	-29	-92	115.8	55%		-54.2	6.88%	-1.6	-2	29	-2.8
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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