Stock Trend Analysis Report
Prepared for you on Tuesday, March 9, 2021.
ProShares UltraPro QQQ (NASDAQ:TQQQ)
Strong Downtrend (-100) - TQQQ 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 TQQQ?
MarketClub looks at technical strength and momentum to determine if the timing is right for TQQQ.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for TQQQ
The long-term trend has been DOWN since Mar 4th, 2021 at 77.63
The intermediate-term trend has been DOWN since Feb 23rd, 2021 at 91.74
The short-term trend has been DOWN since Feb 17th, 2021 at 105.96
Smart Scan Analysis for TQQQ
Based on our trend formula, TQQQ is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||73.355||Year High Date||2018-08-30|
|Year Low||40.4001||Year Low Date||2018-02-09|
|52wk High||111.8599||52wk High Date||2021-02-16|
|52wk Low||16.135||52wk Low Date||2020-03-23|
|Year End Close||51.77||Average Volume||38,824,515|
|Shares Outstanding||116,750||Market Cap||3,701M|