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Stock Trend Analysis Report

Prepared for you on Monday, April 6, 2020.

ProShares UltraPro Short QQQ (NASDAQ:SQQQ)

Sidelines Mode (-55) - SQQQ 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 SQQQ?

MarketClub looks at technical strength and momentum to determine if the timing is right for SQQQ.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

Open High Low SQQQ Price Change
20.8400 22.2200 20.3100 21.4977 +0.8477
Entry Signal

MarketClub’s Trade Triangles for SQQQ

long term up The long-term trend has been UP since Mar 12th, 2020 at 27.4593

intermediate term down The intermediate-term trend has been DOWN since Mar 26th, 2020 at 19.2201

short term up The short-term trend has been UP since Apr 1st, 2020 at 21.5599

Smart Scan Analysis for SQQQ

Based on our trend formula, SQQQ is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

Smart Scan Analysis for SQQQ
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
20.8400 22.2200 20.3100 21.4977 +0.8477
Prev. Close Volume Bid Ask Time
19.0400 78231890 2020-04-03 15:59:56
Year High23.26Year High Date2018-02-09
Year Low10.8302Year Low Date2018-10-01
52wk High48.0852wk High Date2019-06-03
52wk Low15.8952wk Low Date2020-02-19
Year End Close40.55Average Volume87,027,094
Shares Outstanding38,371Market Cap1,142M
Assets1,409MP/E Ratio46.8
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