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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.
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MarketClub’s Trade Triangles for SQQQ
The long-term trend has been UP since Mar 12th, 2020 at 27.4593
The intermediate-term trend has been DOWN since Mar 26th, 2020 at 19.2201
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).
| 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 High | 23.26 | Year High Date | 2018-02-09 |
| Year Low | 10.8302 | Year Low Date | 2018-10-01 |
| 52wk High | 48.08 | 52wk High Date | 2019-06-03 |
| 52wk Low | 15.89 | 52wk Low Date | 2020-02-19 |
| Year End Close | 40.55 | Average Volume | 87,027,094 |
| Shares Outstanding | 38,371 | Market Cap | 1,142M |
| Assets | 1,409M | P/E Ratio | 46.8 |
| Volatility | 94.53 |