Stock Trend Analysis Report
Prepared for you on Saturday, January 19, 2019.
Proshares Ultra-Short QQQ (PACF:QID)
Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight 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 QID
The long term trend has been UP since Oct 11th, 2018 at 42.6800
The intermediate term trend has been DOWN since Jan 7th, 2019 at 44.4878
The short term trend has been DOWN since Jan 15th, 2019 at 43.0400
Smart Scan Analysis for QID
Based on a pre-defined weighted trend formula for chart analysis, QID scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Year High||56.7624||Year High Date||2018-02-09|
|Year Low||34.645||Year Low Date||2018-10-01|
|52wk High||56.7624||52wk High Date||2018-02-09|
|52wk Low||34.645||52wk Low Date||2018-10-01|
|Year End Close||29.65||Average Volume||4,247,082|