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Stock Trend Analysis Report

Prepared for you on Wednesday, May 12, 2021.

ProShares UltraPro Short QQQ (NASDAQ:SQQQ)

Bull Market Weakness (+75) - SQQQ is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on SQQQ as it may be in the beginning stages of a reversal.

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
12.730 13.170 12.430 13.064 +0.944
Entry Signal

MarketClub’s Trade Triangles for SQQQ

long term down The long-term trend has been DOWN since Apr 7th, 2020 at 79.45

intermediate term up The intermediate-term trend has been UP since May 4th, 2021 at 11.33

short term up The short-term trend has been UP since May 10th, 2021 at 12.06

Smart Scan Analysis for SQQQ

Based on our trend formula, SQQQ is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for SQQQ
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
12.730 13.170 12.430 13.064 +0.944
Prev. Close Volume Bid Ask Time
12.120 159131743 2021-05-12 15:59:59
Year High23.26Year High Date2018-02-09
Year Low10.8302Year Low Date2018-10-01
52wk High59.752wk High Date2020-05-14
52wk Low10.4452wk Low Date2021-04-29
Year End Close40.55Average Volume72,734,721
Shares Outstanding158,239Market Cap1,142M
Assets1,409MVolatility94.53
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