Trading Signals: SQQQ Stock Price Prediction and Forecast

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Fri. Sep. 30, 2022

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

(ProShares UltraPro Short QQQ)
SQQQ latest price $60.2400 (3.33%) ($60.2400 - $60.3200) on Fri. Sep. 30, 2022.

Trend Analysis and Forecast

Average Daily Percentage Swing   5.16% (three month average)
RSI   85
Latest Price   $60.2400(3.33%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   SQQQ advances 1.4% a day on average for past five trading days.
Weekly Trend   SQQQ advances 11.1% a week on average for past two weeks.
Market Behavior   Broad based 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(20%)    TBT(13%)    VIXM(13%)    VXX(3%)    EDOC(-6%)
Factors Impacting SQQQ price   SQQQ will decline at least -2.58% in a week (0% probabilities).
QQQ(-99%)    IWF(-98%)    IVW(-95%)    SPY(-92%)    FIVG(-87%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -2.58% (StdDev 5.16%)
Hourly BBV 1.3 ()
Intraday Trend 0%

5 Day Moving Average   $57.09(5.52%)
10 Day Moving Average   $54.56(10.41%)
20 Day Moving Average   $50.41(19.5%)
To recent high   0%
To recent low   80%
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 10.67% (three month std-dev: 5.16%) daily (68% of days).

Sample size 41 Average positive next day return: 3.93%(59%) Average negative next day return: -3.23%(41%) Sample size 41 Average positive next three day return: 6.39%(37%) Average negative next three day return: -5.97%(63%) Sample size 41 Average positive next weekly return: 7.59%(41%) Average negative next weekly return: -7.47%(59%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20221030

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_30_2022	48.73	50.41	54.56	57.09	57.28	59.28	60.24(3.33%)	UT	HoldLong	65	0.6	70	250	44	147	146.31	43%	0.04	68.4	5.16%	1.3	1.8	85	-0.2
2	Sep_29_2022	48.71	49.62	53.43	56.31	56.25	55.87	58.3(8.66%)	UT	HoldLong	65	0.4	48	-50	15	147	153.38	43%	-0.02	78.6	5.18%	1.1	1.8	79	0.8
3	Sep_28_2022	48.72	48.91	52.38	55.38	55.75	55.28	53.66(-6.07%)	UD	OpenLong	65	-0.4	28	-40	-9	139	133.33	43%	0	85.1	5.07%	-2	1	65	0.9
4	Sep_27_2022	48.72	48.44	51.68	54.87	55.71	56.63	57.12(1.75%)	UT	OpenLong	75	0.5	57	160	25	152	143.98	46%	0.04	89.1	5.13%	0.7	1.9	71	-0
5	Sep_26_2022	48.7	47.72	50.65	53.19	54.23	56.23	56.14(-0.31%)	UD	OpenLong	75	0.7	61	320	37	133	160.49	46%	0.14	89.2	5.13%	0.5	2	62	0.7

6	Sep_23_2022	48.63	46.98	49.11	51.6	52.38	54.79	56.32(4.93%)	UT	OpenLong	75	1.2	60	370	47	98	170.9	42%	0.16	91.5	5.29%	1.2	2.4	63	0.7
7	Sep_22_2022	48.55	46.02	47.63	50.15	50.34	52.23	53.67(5.05%)	UT	OpenLong	75	0.9	44	270	36	68	149.32	42%	0.25	86.6	5.28%	1.1	2.1	64	0.7
8	Sep_21_2022	48.43	45.29	46.74	49	49.28	49.98	51.09(4.8%)	UT	OpenLong	75	0.6	33	120	27	52	168.21	39%	0.08	89.1	5.24%	1.5	1.6	63	0.8
9	Sep_20_2022	48.39	44.72	46.1	48.04	48.46	48.45	48.75(1.25%)	UT	OpenLong	75	0.2	12	20	5	31	112.69	39%	0.04	92.7	5.27%	-0.6	1.2	60	1.9
10	Sep_19_2022	48.37	44.26	46	47.7	47.85	48.58	48.15(-1.87%)	UD	OpenLong	75	0.1	22	120	15	43	114.86	39%	-0.02	99.5	5.31%	-0.7	1.1	62	1.5

11	Sep_16_2022	48.38	43.71	45.91	46.16	47.59	48.47	49.07(2.38%)	UT	OpenLong	75	0.8	39	220	37	44	171.82	45%	0.12	84.2	5.33%	0.8	1.5	66	0.3
12	Sep_15_2022	48.32	43	45.49	44.68	45.44	47.12	47.93(3.52%)	UT	OpenLong	75	0.8	20	310	16	32	157.69	43%	-0.02	65.9	5.55%	2	1.3	72	0.9
13	Sep_14_2022	48.33	42.36	45.13	44.16	43.87	46.71	46.3(-1.61%)	UD	OpenLong	75	0.5	33	430	30	43	138.26	43%	-0.02	58.8	5.61%	1	1	65	0.9
14	Sep_13_2022	48.34	41.75	44.94	43.91	43.63	43.77	47.06(16.43%)	UT	OpenLong	75	0.7	31	0	25	49	169.58	48%	0.06	47.8	5.61%	1.9	1.2	65	1.2
15	Sep_12_2022	48.31	41.08	44.54	44.17	43.12	41.03	40.42(-3%)	CR	SmallShort	-20	-0.8	-25	-410	-45	36	112.88	42%	-0.08	44	5.51%	-1.1	-0.1	56	0.9

16	Sep_9_2022	48.35	40.81	44.75	45.61	45.1	43.49	41.67(-8.07%)	N/A	N/A	0	-0.8	-3	-280	-29	76	128.85	49%	0	48.5	5.66%	-1.5	0.2	66	1
17	Sep_8_2022	48.35	40.57	44.42	46.33	46.62	45.2	45.33(0.58%)	UD	OpenLong	65	-0.2	17	-190	-12	104	146.08	51%	0.12	52.9	5.65%	-1.1	1	78	1.3
18	Sep_7_2022	48.29	40.09	43.86	46.16	46.6	46.72	45.07(-6.81%)	UD	OpenLong	65	-0.2	22	50	-10	118	115.86	51%	0.17	51.7	5.66%	-1.3	1	77	1.3
19	Sep_6_2022	48.21	39.76	43.34	46.04	46.46	48.05	48.37(1.54%)	UT	HoldLong	65	0.5	59	270	27	154	141.13	54%	0.15	52	5.6%	0.9	1.9	87	1.4
20	Sep_2_2022	48.14	39.19	42.44	45	45.49	46.48	47.63(5.31%)	UT	HoldLong	65	0.6	63	190	30	160	170.2	53%	0.17	49.1	5.64%	1.1	2.1	87	1.6

21	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
22	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
23	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
24	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
25	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%		-40.7	5.84%	2.2	1.9	58	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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