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Stock Trend Analysis Report
Prepared for you on Wednesday, January 29, 2025.
ProShares UltraPro Short QQQ (NASDAQ:SQQQ)
Countertrend Down (-85) - SQQQ is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
Is it time to buy, sell, or avoid SQQQ?
MarketClub looks at technical strength and momentum to determine if the timing is right for SQQQ.
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MarketClub’s Trade Triangles for SQQQ
The long-term trend has been DOWN since Nov 14th, 2023 at 16.9600
The intermediate-term trend has been DOWN since Jan 22nd, 2025 at 28.2300
The short-term trend has been UP since Jan 27th, 2025 at 28.1799
Smart Scan Analysis for SQQQ
Based on our trend formula, SQQQ is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 28.9400 | 29.8800 | 28.9300 | 29.1348 | +0.0948 |
| Prev. Close | Volume | Bid | Ask | Time |
| 29.0400 | 42813754 | 2025-01-29 14:58:35 |
| Year High | 23.26 | Year High Date | 2018-02-09 |
| Year Low | 10.8302 | Year Low Date | 2018-10-01 |
| 52wk High | 64.95 | 52wk High Date | 2024-04-19 |
| 52wk Low | 27.2347 | 52wk Low Date | 2025-01-22 |
| Year End Close | 40.55 | Average Volume | 53,239,041 |
| Shares Outstanding | 34,500 | Market Cap | 1,142M |
| Assets | 1,409M | Volatility | 94.53 |