Stock Trend Analysis Report
Prepared for you on Friday, November 16, 2018.
PROSHARES ULTRA QQQ (PACF:QLD)
Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
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 QLD
The long term trend has been DOWN since Oct 11th, 2018 at 84.6302
The intermediate term trend has been DOWN since Oct 5th, 2018 at 94.9100
The short term trend has been DOWN since Nov 12th, 2018 at 83.0400
Smart Scan Analysis for QLD
Based on a pre-defined weighted trend formula for chart analysis, QLD scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Year High||102.51||Year High Date||2018-08-30|
|Year Low||67.48||Year Low Date||2018-02-09|
|52wk High||102.51||52wk High Date||2018-08-30|
|52wk Low||67.48||52wk Low Date||2018-02-09|
|Year End Close||54.81||Average Volume||2,427,916|