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Stock Trend Analysis Report

Prepared for you on Friday, March 31, 2023.

ProShares UltraPro Short QQQ (NASDAQ:SQQQ)

Strong Downtrend (-100) - SQQQ is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SQQQ continues to fall. Traders should use caution 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.

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

NASDAQ_SQQQ
Open High Low SQQQ Price Change
30.79 30.91 30.21 30.28 -0.60
Entry Signal

MarketClub’s Trade Triangles for SQQQ

long term down The long-term trend has been DOWN since Dec 13th, 2022 at 40.170

intermediate term down The intermediate-term trend has been DOWN since Mar 16th, 2023 at 35.150

short term down The short-term trend has been DOWN since Mar 29th, 2023 at 31.792

Smart Scan Analysis for SQQQ

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

-100
Smart Scan Analysis for SQQQ
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
30.79 30.91 30.21 30.28 -0.60
Prev. Close Volume Bid Ask Time
30.88 35805131 2023-03-31 10:38:08
Year High23.26Year High Date2018-02-09
Year Low10.8302Year Low Date2018-10-01
52wk High69.5552wk High Date2022-10-13
52wk Low30.6852wk Low Date2023-03-30
Year End Close40.55Average Volume156,229,425
Shares Outstanding169,401Market Cap1,142M
Assets1,409MVolatility94.53
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