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Stock Trend Analysis Report
Prepared for you on Wednesday, May 1, 2024.
ProShares Nasdaq-100 Dorsey Wright Momentum ETF (NASDAQ:QQQA)
Sidelines Mode (-55) - QQQA is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid QQQA?
MarketClub looks at technical strength and momentum to determine if the timing is right for QQQA.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for QQQA
The long-term trend has been UP since Nov 28th, 2023 at 36.79
The intermediate-term trend has been DOWN since Apr 4th, 2024 at 42.45
The short-term trend has been UP since Apr 26th, 2024 at 41.00
Smart Scan Analysis for QQQA
Based on our trend formula, QQQA is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 41.340 | 41.340 | 40.825 | 40.825 | -0.695 |
| Prev. Close | Volume | Bid | Ask | Time |
| 40.582 | 978 | 2024-04-30 12:46:54 |
| 52wk High | 44.37 | 52wk High Date | 2024-03-21 |
| 52wk Low | 31.15 | 52wk Low Date | 2023-05-04 |
| Average Volume | 3,264 | Shares Outstanding | 310 |