SQ 2020-10-05 Technical Analysis and Forecast


SQ Report

Sample Size: 12; Percent Error: 15%

Current Trend Performance

SQ is 0.0% from monthly high, 34.42% from monthly low, 11.52% from 10 day simple moving average, 17.64% from 20 day simple moving average, and 21.27% from 50 day simple moving average.

Forecast Ranges

Day 1:
The highs are 184.02, the lows are 176.53, and the median is 180.28. 66.67% to decrease between -2.82% - 0%. 33.33% to increase between 0% - 2.82%.
Day 2:
The highs are 183.34, the lows are 176.07, and the median is 179.7. 58.33% to decrease between -2.82% - 0%. 41.67% to increase between 0% - 2.82%.
Day 3:
The highs are 184.29, the lows are 175.42, and the median is 179.85. 8.33% to decrease between -5.64% - -2.82%. 75.0% to decrease between -2.82% - 0%. 16.67% to increase between 0% - 2.82%.
Day 4:
The highs are 187.07, the lows are 172.77, and the median is 179.92. 8.33% to decrease between -5.64% - -2.82%. 58.33% to decrease between -2.82% - 0%. 25.0% to increase between 0% - 2.82%. 8.33% to increase between 2.82% - 5.64%.
Day 5:
The highs are 184.4, the lows are 174.21, and the median is 179.31. 16.67% to decrease between -5.64% - -2.82%. 75.0% to decrease between -2.82% - 0%. 8.33% to increase between 0% - 2.82%.
Day 6:
The highs are 183.72, the lows are 171.94, and the median is 177.83. 25.0% to decrease between -5.64% - -2.82%. 58.33% to decrease between -2.82% - 0%. 16.67% to increase between 0% - 2.82%.
Day 7:
The highs are 184.67, the lows are 171.78, and the median is 178.22. 16.67% to decrease between -5.64% - -2.82%. 75.0% to decrease between -2.82% - 0%. 8.33% to increase between 0% - 2.82%.

Summary

SMA: Simple Moving Average

In next 5 days, there is possible support range between 175.82 and 176.24. There is possible resistance range between 181.34 and 186.02. Areas of uncertainty are beyond 175.41 and beyond 190.83. Minimum movement range is 2.82%.

Research conducted with Nforecast.

This is not a recommendation to buy, sell, or hold. This research is for educational, informational, and entertainment purposes. You should not construe any data or information presented by members on this blog or Nforecast LLC as investment, tax, legal, financial or other advice.