Stock Trend Analysis Report
Prepared for you on Thursday, January 17, 2019.
ProShares Short QQQ (PACF:PSQ)
Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very tight money management stops.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for PSQ
The long term trend has been UP since Oct 11th, 2018 at 32.100
The intermediate term trend has been DOWN since Jan 8th, 2019 at 33.210
The short term trend has been DOWN since Jan 15th, 2019 at 32.835
Smart Scan Analysis for PSQ
Based on a pre-defined weighted trend formula for chart analysis, PSQ scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Year High||36.74||Year High Date||2018-02-09|
|Year Low||28.99||Year Low Date||2018-10-01|
|52wk High||36.74||52wk High Date||2018-02-09|
|52wk Low||28.99||52wk Low Date||2018-10-01|
|Year End Close||25.57||Average Volume||3,148,537|