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Stock Trend Analysis Report

Prepared for you on Thursday, March 28, 2024.

ProShares Short QQQ (PACF:PSQ)

Bear Market Rally (-75) - PSQ is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on PSQ as it may be in the beginning of a reversal.

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.

PACF_PSQ
Open High Low PSQ Price Change
8.7500 8.7700 8.7300 8.7599 +0.0099
Entry Signal

MarketClub’s Trade Triangles for PSQ

long term down The long-term trend has been DOWN since Nov 14th, 2023 at 10.23

intermediate term down The intermediate-term trend has been DOWN since Nov 7th, 2023 at 10.56

short term up The short-term trend has been UP since Mar 27th, 2024 at 8.78

Smart Scan Analysis for PSQ

Based on our trend formula, PSQ is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for PSQ
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
8.7500 8.7700 8.7300 8.7599 +0.0099
Prev. Close Volume Bid Ask Time
8.7500 9805378 2024-03-28 15:16:33
Year High36.74Year High Date2018-02-09
Year Low28.99Year Low Date2018-10-01
52wk High12.6752wk High Date2023-04-25
52wk Low8.6452wk Low Date2024-03-21
Year End Close25.57Average Volume15,160,323
Shares Outstanding92,263Assets1,788M
Beta-1.00000000Volatility31.66
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