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Stock Trend Analysis Report

Prepared for you on Wednesday, April 24, 2024.

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.

NASDAQ_SQQQ
Open High Low SQQQ Price Change
11.670 11.710 11.530 11.655 -0.255
Entry Signal

MarketClub’s Trade Triangles for SQQQ

long term down The long-term trend has been DOWN since Nov 14th, 2023 at 16.96

intermediate term up The intermediate-term trend has been UP since Apr 15th, 2024 at 11.14

short term down The short-term trend has been DOWN since Apr 24th, 2024 at 11.81

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).

-55
Smart Scan Analysis for SQQQ
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
11.670 11.710 11.530 11.655 -0.255
Prev. Close Volume Bid Ask Time
11.910 36668043 2024-04-24 10:24:38
Year High23.26Year High Date2018-02-09
Year Low10.8302Year Low Date2018-10-01
52wk High32.7352wk High Date2023-04-25
52wk Low10.0552wk Low Date2024-03-21
Year End Close40.55Average Volume144,474,626
Shares Outstanding172,501Market Cap1,142M
Assets1,409MVolatility94.53
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