Stock Trend Analysis Report
Prepared for you on Tuesday, December 5, 2023.
ProShares Short QQQ (PACF:PSQ)
Countertrend Down (-85) - PSQ is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
Is it time to buy, sell, or avoid PSQ?
MarketClub looks at technical strength and momentum to determine if the timing is right for PSQ.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for PSQ
The long-term trend has been DOWN since Nov 14th, 2023 at 10.230
The intermediate-term trend has been DOWN since Nov 7th, 2023 at 10.560
The short-term trend has been UP since Nov 30th, 2023 at 10.155
Smart Scan Analysis for PSQ
Based on our trend formula, PSQ is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||36.74||Year High Date||2018-02-09|
|Year Low||28.99||Year Low Date||2018-10-01|
|52wk High||15.09||52wk High Date||2022-12-28|
|52wk Low||10||52wk Low Date||2023-11-29|
|Year End Close||25.57||Average Volume||22,442,770|