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Stock Trend Analysis Report
Prepared for you on Monday, January 20, 2025.
ProShares UltraShort QQQ (PACF:QID)
Weak Downtrend (-65) - QID is showing signs of a strengthening downtrend. Monitor QID as it may be building momentum to the downside.
Is it time to buy, sell, or avoid QID?
MarketClub looks at technical strength and momentum to determine if the timing is right for QID.
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 QID
The long-term trend has been DOWN since Oct 14th, 2024 at 34.80
The intermediate-term trend has been UP since Jan 10th, 2025 at 33.52
The short-term trend has been DOWN since Jan 15th, 2025 at 32.68
Smart Scan Analysis for QID
Based on our trend formula, QID is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 31.2500 | 31.7500 | 31.1852 | 31.4200 | -1.0300 |
| Prev. Close | Volume | Bid | Ask | Time |
| 31.4000 | 5919562 | 2025-01-17 15:59:50 |
| Year High | 56.7624 | Year High Date | 2018-02-09 |
| Year Low | 34.645 | Year Low Date | 2018-10-01 |
| 52wk High | 51.9 | 52wk High Date | 2024-01-19 |
| 52wk Low | 29.975 | 52wk Low Date | 2024-12-16 |
| Year End Close | 29.65 | Average Volume | 5,943,675 |
| Shares Outstanding | 5,569 | Assets | 3,830M |
| Beta | -1.92000000 | Volatility | 63.09 |