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Stock Trend Analysis Report

Prepared for you on Tuesday, November 5, 2024.

ProShares UltraPro Short QQQ (NASDAQ:SQQQ)

Weak Downtrend (-65) - SQQQ is showing signs of a strengthening downtrend. Monitor SQQQ as it may be building momentum to the downside.

Is it time to buy, sell, or avoid SQQQ?

MarketClub looks at technical strength and momentum to determine if the timing is right for SQQQ.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NASDAQ_SQQQ
Open High Low SQQQ Price Change
7.45 7.45 7.26 7.30 -0.22
Entry Signal

MarketClub’s Trade Triangles for SQQQ

long term down The long-term trend has been DOWN since Nov 14th, 2023 at 16.96

intermediate term down The intermediate-term trend has been DOWN since Aug 19th, 2024 at 8.17

short term up The short-term trend has been UP since Oct 31st, 2024 at 7.18

Smart Scan Analysis for SQQQ

Based on our trend formula, SQQQ is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-65
Smart Scan Analysis for SQQQ
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
7.45 7.45 7.26 7.30 -0.22
Prev. Close Volume Bid Ask Time
7.52 34927291 2024-11-05 10:07:20
Year High23.26Year High Date2018-02-09
Year Low10.8302Year Low Date2018-10-01
52wk High18.9652wk High Date2023-11-06
52wk Low6.8552wk Low Date2024-10-29
Year End Close40.55Average Volume150,416,510
Shares Outstanding172,501Market Cap1,142M
Assets1,409MVolatility94.53
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