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Stock Trend Analysis Report

Prepared for you on Friday, September 29, 2023.

ProShares UltraShort QQQ (PACF:QID)

Sidelines Mode (+55) - QID is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement 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
14.33 14.40 13.84 14.02 -0.22
Entry Signal

MarketClub’s Trade Triangles for QID

long term down The long-term trend has been DOWN since Jan 27th, 2023 at 21.0200

intermediate term up The intermediate-term trend has been UP since Sep 21st, 2023 at 13.6999

short term down The short-term trend has been DOWN since Sep 28th, 2023 at 13.8700

Smart Scan Analysis for QID

Based on our trend formula, QID is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for QID
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
14.33 14.40 13.84 14.02 -0.22
Prev. Close Volume Bid Ask Time
14.02 25079637 2023-09-28 15:59:51
Year High56.7624Year High Date2018-02-09
Year Low34.645Year Low Date2018-10-01
52wk High29.9852wk High Date2022-10-13
52wk Low12.029552wk Low Date2023-07-19
Year End Close29.65Average Volume16,437,272
Shares Outstanding27,846Assets3,830M
Beta-1.92000000Volatility63.09
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