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Stock Trend Analysis Report

Prepared for you on Friday, October 22, 2021.

ProShares UltraShort QQQ (PACF:QID)

Countertrend Down (-85) - QID 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 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
17.97 18.30 17.87 18.15 +0.31
Entry Signal

MarketClub’s Trade Triangles for QID

long term down The long-term trend has been DOWN since Jun 11th, 2021 at 22.4700

intermediate term down The intermediate-term trend has been DOWN since Oct 18th, 2021 at 18.5745

short term up The short-term trend has been UP since Oct 22nd, 2021 at 18.2500

Smart Scan Analysis for QID

Based on our trend formula, QID is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85
Smart Scan Analysis for QID
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
17.97 18.30 17.87 18.15 +0.31
Prev. Close Volume Bid Ask Time
17.84 4730365 2021-10-22 15:59:50
Year High56.7624Year High Date2018-02-09
Year Low34.645Year Low Date2018-10-01
52wk High40.1652wk High Date2020-11-02
52wk Low17.5752wk Low Date2021-09-07
Year End Close29.65Average Volume9,731,260
Shares Outstanding11,396Assets3,830M
Beta-1.92Volatility63.09
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