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Stock Trend Analysis Report
Prepared for you on Wednesday, May 8, 2024.
ProShares Short QQQ (PACF:PSQ)
Sidelines Mode (+55) - PSQ is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid PSQ?
MarketClub looks at technical strength and momentum to determine if the timing is right for PSQ.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for PSQ
The long-term trend has been UP since Apr 10th, 2024 at 9.820
The intermediate-term trend has been UP since Apr 10th, 2024 at 9.060
The short-term trend has been DOWN since May 3rd, 2024 at 45.205
Smart Scan Analysis for PSQ
Based on our trend formula, PSQ is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 44.7200 | 44.7200 | 44.3350 | 44.4635 | +0.0335 |
| Prev. Close | Volume | Bid | Ask | Time |
| 44.4300 | 2775313 | 2024-05-08 15:59:38 |
| Year High | 36.74 | Year High Date | 2018-02-09 |
| Year Low | 28.99 | Year Low Date | 2018-10-01 |
| 52wk High | 61.15 | 52wk High Date | 2023-05-10 |
| 52wk Low | 43.2 | 52wk Low Date | 2024-03-21 |
| Year End Close | 25.57 | Average Volume | 4,991,618 |
| Shares Outstanding | 18,453 | Assets | 1,788M |
| Beta | -1.00000000 | Volatility | 31.66 |