Free Daily Analysis
Stock Trend Analysis Report
Prepared for you on Friday, November 22, 2024.
ProShares Nasdaq-100 Dorsey Wright Momentum ETF (NASDAQ:QQQA)
Countertrend Up (+85) - QQQA is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
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.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for QQQA
The long-term trend has been UP since Nov 7th, 2024 at 45.6882
The intermediate-term trend has been UP since Sep 19th, 2024 at 42.3000
The short-term trend has been DOWN since Nov 19th, 2024 at 45.9050
Smart Scan Analysis for QQQA
Based on our trend formula, QQQA is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 45.975 | 45.975 | 45.975 | 45.975 | +0.315 |
| Prev. Close | Volume | Bid | Ask | Time |
| 46.200 | 126 | 2024-11-21 12:02:22 |
| 52wk High | 48.2 | 52wk High Date | 2024-06-20 |
| 52wk Low | 36.03 | 52wk Low Date | 2024-08-05 |
| Average Volume | 2,033 | Shares Outstanding | 310 |