Trading Signals: TQQQ Stock Price Prediction and Forecast

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Fri. Aug. 7, 2020

Trading Signals: TQQQ Stock Price Prediction and Forecast (Wed. Jan. 27, 2016 - Fri. Dec. 22, 2023)

(ProShares UltraPro (3x) QQQ)
TQQQ latest price $63.4950 (-3.27%) ($61.8450 - $65.9100) on Fri. Aug. 7, 2020.

Trend Analysis and Forecast

Average Daily Percentage Swing   4.04% (three month average)
RSI   54
Latest Price   $63.4950(-3.27%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   TQQQ advances 1.2% a day on average for past five trading days.
Weekly Trend   TQQQ advances 5.8% a week on average for past two weeks.
Market Behavior   Rotation from growth to value for large cap. Broad based rally for small cap.
Correlated ETFs   Broad market will support TQQQ advance at 0% a week (0% probability)
VUG(11%)    XLK(11%)    ARKK(10%)    IWF(10%)    ARKG(9%)
Factors Impacting TQQQ price   TQQQ will decline at least -2.02% in a week (0% probabilities).
EDOC(-9%)    UNG(-7%)    XOP(-4%)    XLE(-4%)    OIH(-4%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -2.02% (StdDev 4.04%)
Hourly BBV -0.7 ()
Intraday Trend -2.8%

Inflection Point   Yes
5 Day Moving Average   $63.4(0.15%)
10 Day Moving Average   $60.12(5.61%)
20 Day Moving Average   $58.45(8.63%)
To recent high   -3.3%
To recent low   83.1%
Market Cap   $N/A

Average daily price decay: -0.02%

$. TQQQ is a 3x leveraged ETF. You'll lose 0.02% a day on average for holding it.$. TQQQ price fluctuates within 5.85% (three month std-dev: 4.04%) daily (68% of days).

Sample size 50 Average positive next day return: 2.11%(58%) Average negative next day return: -1.66%(42%) Sample size 50 Average positive next three day return: 4.43%(56%) Average negative next three day return: -2.59%(44%) Sample size 50 Average positive next weekly return: 7.81%(52%) Average negative next weekly return: -3.97%(48%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20200907

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	Aug_7_2020	41.75	58.45	60.12	63.4	63.4	64.23	63.5(-3.27%)	UD	OpenLong	75	0	36	90	17	93	74.18	47%	1.07	55.2	4.04%	-0.7	1.5	54	1.6
2	Aug_6_2020	41.31	58.2	59.11	62.64	62.78	63.69	65.64(3.83%)	UT	OpenLong	75	0.9	51	110	39	87	48.02	47%	1.15	63.1	4.02%	2.4	2.3	65	1.7
3	Aug_5_2020	40.84	57.76	57.98	60.84	61.43	62.58	63.22(0.8%)	UT	OpenLong	75	0.9	42	160	36	58	40.74	47%	1.04	67.8	4%	1.1	2	63	1.7
4	Aug_4_2020	40.42	57.4	57.52	59.34	59.52	61.87	62.72(1.3%)	UT	OpenLong	75	1.3	48	290	48	47	52.75	47%	1.13	71.1	4.01%	0.6	2.1	59	1.6
5	Aug_3_2020	39.97	56.97	57.04	57.57	57.84	60.27	61.92(3.73%)	UT	OpenLong	75	1.9	55	310	62	33	54.47	47%	0.86	75.4	4.02%	1.3	2.2	59	1.3

6	Jul_31_2020	39.63	56.62	56.82	56.39	56.11	57.16	59.69(5.39%)	UT	OpenLong	75	1.7	36	120	41	19	90	47%	0.97	94.6	4.04%	2	1.5	58	1.5
7	Jul_30_2020	39.25	56.23	56.42	55.08	55.16	55.4	56.64(1.62%)	N/A	N/A	0	0.7	6	30	13	-17	75.55	43%	0.69	78.2	4.19%	1.9	0.2	46	1.3
8	Jul_29_2020	38.98	55.95	56.33	54.71	54.42	55.05	55.73(3.4%)	DP	OpenShort	-75	0.4	-14	70	-7	-36	48.57	43%	0.52	71.4	4.19%	1.2	-0.1	47	1.6
9	Jul_28_2020	38.78	55.64	56.45	55.45	54.79	54.91	53.9(-3.76%)	DT	OpenShort	-75	-0.5	-7	-20	-2	-23	59.68	43%	0.62	67.1	4.35%	-0.1	-0.6	48	1.5
10	Jul_27_2020	38.54	55.32	56.75	56.41	55.88	53.79	56(5.37%)	DP	OpenShort	-75	-0.1	-23	-290	-26	-15	66.91	43%	0.47	60.4	4.38%	0.7	0.2	55	1.5

11	Jul_24_2020	38.36	54.8	56.72	57.35	57.14	54.66	53.15(-2.96%)	DT	OpenShort	-75	-1	-43	-310	-53	-13	89.3	38%	0.34	56	4.35%	-1.1	-0.4	48	1.2
12	Jul_23_2020	38.23	54.6	57.33	57.91	58.63	57.97	54.77(-7.83%)	N/A	N/A	0	-0.7	-7	-40	-18	26	84.16	38%	0.29	58.9	4.35%	0.5	0	59	1.3
13	Jul_22_2020	38.12	54.25	57.66	58.08	58.36	59.62	59.42(1.16%)	UT	OpenLong	75	0.3	26	170	15	60	56.95	43%	0.53	57.5	4.21%	0.7	1.1	70	1.8
14	Jul_21_2020	37.92	53.76	57.36	57.58	57.36	59.29	58.74(-3.2%)	UD	OpenLong	75	0.3	46	220	35	79	73.92	36%	0.4	59.9	4.32%	-1.4	1.1	72	1.8
15	Jul_20_2020	37.77	53.25	56.93	57.15	56.51	57.1	60.68(8.51%)	UT	HoldLong	65	0.8	47	40	33	90	62.91	36%	0.61	63.7	4.55%	2.2	1.6	80	2.2

16	Jul_17_2020	37.54	52.55	56.37	56.1	55.59	55.42	55.92(0.47%)	UD	OpenLong	65	-0	10	-50	-15	85	57.75	25%	0.48	64.7	4.48%	0.7	0.8	79	1.9
17	Jul_16_2020	37.36	52.11	56	56.73	56.29	55.93	55.66(-2.14%)	UD	OpenLong	65	-0.2	23	-70	-6	109	74.99	25%	0.3	75.2	4.49%	0.1	0.8	66	1.5
18	Jul_15_2020	37.25	51.67	55.55	57.17	57.02	55.76	56.88(0.49%)	UD	OpenLong	65	-0.1	25	-160	-10	128	91.89	25%	0.38	76.1	4.5%	-0.3	1.2	70	1.4
19	Jul_14_2020	37.11	51.13	54.79	57.08	57.12	56.65	56.6(2.12%)	UD	OpenLong	65	-0.1	19	-60	-16	125	114.94	40%	0.22	76.4	4.54%	-0.8	1.2	62	0.9
20	Jul_13_2020	37.03	50.5	53.8	57.08	57.34	58.28	55.43(-6.18%)	UD	OpenLong	75	-0.3	40	150	12	122	93.65	40%	0.05	71.2	4.78%	-0.5	1.1	62	0

21	Jul_10_2020	37.01	49.86	52.8	56.63	56.5	57.6	59.08(2.12%)	UT	OpenLong	75	0.5	55	130	30	131	60.7	44%	0.05	66.9	4.69%	1.9	2	71	1.2
22	Jul_9_2020	36.99	48.97	51.68	55.15	55.66	56.4	57.85(2.5%)	UT	OpenLong	75	0.6	51	120	30	114	79.4	44%	-0.05	59.6	4.73%	2.1	2	70	0.8
23	Jul_8_2020	37.01	48.46	50.55	53.69	54.36	55.4	56.44(3.85%)	UT	OpenLong	75	0.7	43	170	26	95	59.98	44%	-0.03	63.8	4.73%	0.9	2.1	69	0.9
24	Jul_7_2020	37.02	47.94	49.83	52.17	52.93	54.92	54.35(-1.97%)	UD	OpenLong	75	0.6	54	310	42	89	61.52	44%	0.49	65.8	4.76%	0.3	1.9	68	0.7
25	Jul_6_2020	36.84	47.49	49.21	50.53	51.02	53.33	55.44(7.35%)	UT	OpenLong	75	1.6	65	350	59	84	53	59%		64.1	4.74%	1.3	2.6	74	1.1
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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