Trading Signals: TQQQ Stock Price Prediction and Forecast

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Mon. Aug. 31, 2020

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

(ProShares UltraPro (3x) QQQ)
TQQQ latest price $80.6800 (2.31%) ($78.9100 - $82.2700) on Mon. Aug. 31, 2020.

Trend Analysis and Forecast

Average Daily Percentage Swing   3.99% (three month average)
RSI   92
Latest Price   $80.6800(2.31%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   TQQQ advances 2.3% a day on average for past five trading days.
Weekly Trend   TQQQ advances 11.1% a week on average for past two weeks.
Market Behavior   Value stocks sell-off for large cap. Value stock sell-off for small cap.
Correlated ETFs   Broad market will support TQQQ advance at 0% a week (0% probability)
EDOC(13%)    VUG(10%)    XLK(10%)    ARKG(9%)    ARKK(9%)
Factors Impacting TQQQ price   TQQQ will decline at least -1.995% in a week (0% probabilities).
UNG(-7%)    XOP(-4%)    XLE(-4%)    OIH(-4%)    IGOV(-3%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -1.995% (StdDev 3.99%)
Hourly BBV 1.9 ()
Intraday Trend 1.8%

5 Day Moving Average   $77.84(3.65%)
10 Day Moving Average   $73.83(9.28%)
20 Day Moving Average   $68.82(17.23%)
To recent high   0%
To recent low   94.4%
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 9.07% (three month std-dev: 3.99%) daily (68% of days).

Sample size 29 Average positive next day return: 3.71%(52%) Average negative next day return: -2.76%(48%) Sample size 29 Average positive next three day return: 8.16%(48%) Average negative next three day return: -6.14%(52%) Sample size 29 Average positive next weekly return: 11.09%(48%) Average negative next weekly return: -7.76%(52%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20201001

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_31_2020	49.11	68.82	73.83	77.84	78.39	79.45	80.68(2.31%)	UT	HoldLong	65	0.5	75	120	39	183	45.1	55%	0.66	89.4	3.99%	1.9	1.9	92	-0.6
2	Aug_28_2020	48.79	67.85	72.34	76.1	76.44	78.39	78.86(1.55%)	UT	HoldLong	65	0.5	70	190	36	171	49.54	55%	1.08	92.7	4%	0.9	1.9	77	0.5
3	Aug_27_2020	48.27	66.86	70.83	74.46	74.85	77.34	77.66(-0.91%)	UD	OpenLong	75	0.6	88	250	62	166	75.65	55%	1.09	94	4.01%	0.9	1.9	74	0.5
4	Aug_26_2020	47.75	65.8	69.44	72.77	72.8	74.49	78.37(6.4%)	UT	OpenLong	75	1	81	160	60	144	54.92	55%	1.14	90.5	4%	1.8	2.3	68	1
5	Aug_25_2020	47.21	64.65	67.9	70.4	70.57	72.36	73.65(2.33%)	UT	OpenLong	75	0.6	52	180	34	107	43.14	51%	1.05	79.7	3.95%	1.7	1.8	68	1.3

6	Aug_24_2020	46.72	63.66	66.45	69.23	69.27	71.12	71.97(1.85%)	UT	OpenLong	75	0.6	59	190	48	92	62.85	51%	1.1	71.9	3.98%	0.8	1.7	67	1.3
7	Aug_21_2020	46.21	62.85	65.49	68.01	67.97	68.77	70.66(2.09%)	UT	OpenLong	75	0.6	46	80	36	74	41.07	51%	1.09	60.1	3.97%	1.7	1.6	67	1.4
8	Aug_20_2020	45.71	61.98	64.72	66.63	66.84	67.41	69.22(4.11%)	UT	OpenLong	75	0.6	28	70	18	58	38.19	51%	1.08	50.9	4%	2.2	1.6	69	1.5
9	Aug_19_2020	45.22	61.25	64.3	65.57	65.91	67.17	66.48(-1.95%)	UD	OpenLong	75	0.2	32	150	21	65	51.46	49%	0.98	47.1	4.03%	-0	1.2	71	1.5
10	Aug_18_2020	44.78	60.87	63.96	64.98	65.15	66.27	67.81(2.94%)	UT	OpenLong	75	0.7	54	130	43	85	37.33	49%	0.99	48.2	4.02%	1.5	1.7	75	1.8

11	Aug_17_2020	44.34	60.39	63.41	63.24	63.93	64.65	65.87(3.3%)	UT	HoldLong	65	0.7	35	110	22	73	31.67	49%	1.03	42	4.06%	1.5	1.4	76	1.9
12	Aug_14_2020	43.89	60.09	63	62.59	62.71	64.03	63.77(-0.29%)	UD	OpenLong	75	0.3	29	150	13	76	49.93	49%	0.9	45.2	4.05%	-0.8	1	67	1.6
13	Aug_13_2020	43.5	59.7	62.62	62.54	62.38	63.2	63.95(0.7%)	UT	OpenLong	75	0.4	39	80	20	96	58.57	49%	1.02	41.6	4.05%	0.6	1.1	71	1.5
14	Aug_12_2020	43.06	59.28	61.93	62.87	62.36	61.38	63.51(7.48%)	UT	HoldLong	50	0.2	20	-130	-6	97	55.46	49%	1.01	43.2	4.1%	1.4	1.2	66	1.6
15	Aug_11_2020	42.63	58.93	61.19	62.82	62.89	61.56	59.09(-5.68%)	N/A	N/A	0	-1.1	-4	-140	-32	81	77.57	44%	1	45.2	4.1%	-2	0	51	1.1

16	Aug_10_2020	42.21	58.82	60.77	63.54	63.52	63.34	62.64(-1.35%)	UD	OpenLong	65	-0.3	17	-20	-9	94	63.58	47%	1.1	54	4.03%	-0.9	1.1	57	1.7
17	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
18	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
19	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
20	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

21	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
22	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
23	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
24	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
25	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%		67.1	4.35%	-0.1	-0.6	48	1.5
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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