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Stock Trend Analysis Report
Prepared for you on Wednesday, November 20, 2024.
ProShares UltraPro QQQ (NASDAQ:TQQQ)
Countertrend Up (+85) - TQQQ is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
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.
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MarketClub’s Trade Triangles for TQQQ
The long-term trend has been UP since Nov 6th, 2024 at 77.455
The intermediate-term trend has been UP since Sep 19th, 2024 at 70.670
The short-term trend has been DOWN since Nov 14th, 2024 at 80.650
Smart Scan Analysis for TQQQ
Based on our trend formula, TQQQ is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 74.53 | 77.55 | 74.42 | 77.30 | +1.53 |
| Prev. Close | Volume | Bid | Ask | Time |
| 77.29 | 38509204 | 2024-11-19 15:59:32 |
| Year High | 73.355 | Year High Date | 2018-08-30 |
| Year Low | 40.4001 | Year Low Date | 2018-02-09 |
| 52wk High | 85.2 | 52wk High Date | 2024-07-10 |
| 52wk Low | 41.73 | 52wk Low Date | 2023-12-04 |
| Year End Close | 51.77 | Average Volume | 44,615,681 |
| Shares Outstanding | 509,900 | Market Cap | 3,701M |
| Assets | 2,924M | Volatility | 95.38 |