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Stock Trend Analysis Report

Prepared for you on Friday, June 21, 2024.

ProShares UltraShort QQQ (PACF:QID)

Crossroads (-60) - QID is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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.

PACF_QID
Open High Low QID Price Change
38.800 39.215 38.610 38.955 +0.215
Entry Signal

MarketClub’s Trade Triangles for QID

long term up The long-term trend has been UP since Apr 10th, 2024 at 11.3807

intermediate term down The intermediate-term trend has been DOWN since May 10th, 2024 at 45.3000

short term down The short-term trend has been DOWN since Jun 5th, 2024 at 43.0300

Smart Scan Analysis for QID

Based on our trend formula, QID is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for QID
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
38.800 39.215 38.610 38.955 +0.215
Prev. Close Volume Bid Ask Time
38.740 6005355 2024-06-21 15:59:42
Year High56.7624Year High Date2018-02-09
Year Low34.645Year Low Date2018-10-01
52wk High76.752wk High Date2023-10-26
52wk Low37.8252wk Low Date2024-06-17
Year End Close29.65Average Volume6,918,666
Shares Outstanding5,569Assets3,830M
Beta-1.92000000Volatility63.09
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