Free Daily Analysis

Stock Trend Analysis Report

Prepared for you on Saturday, December 5, 2020.

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, SHORTSYMBOL 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.

Open High Low SQQQ Price Change
16.8500 16.9700 16.6300 16.6461 -0.2039
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 down The intermediate-term trend has been DOWN since Nov 5th, 2020 at 18.95

short term down The short-term trend has been DOWN since Nov 24th, 2020 at 18.95

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).

Smart Scan Analysis for SQQQ
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
16.8500 16.9700 16.6300 16.6461 -0.2039
Prev. Close Volume Bid Ask Time
23.6800 29899679 2020-12-04 15:59:51
Year High23.26Year High Date2018-02-09
Year Low10.8302Year Low Date2018-10-01
52wk High162.1552wk High Date2020-03-12
52wk Low18.9552wk Low Date2020-10-12
Year End Close40.55Average Volume70,622,114
Shares Outstanding61,939Market Cap1,142M
Get a free daily analysis and signals for ProShares UltraPro Short QQQ (SQQQ) - Request Your Free Report.