Free Daily Analysis
Stock Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
ProShares UltraShort QQQ (PACF:QID)
Strong Uptrend (+100) - QID is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, QID continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
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.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for QID
The long-term trend has been UP since Apr 10th, 2024 at 11.3807
The intermediate-term trend has been UP since Jul 24th, 2024 at 39.2600
The short-term trend has been UP since Jul 11th, 2024 at 35.9100
Smart Scan Analysis for QID
Based on our trend formula, QID is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 41.1000 | 41.6400 | 40.5123 | 41.0400 | -0.8100 |
| Prev. Close | Volume | Bid | Ask | Time |
| 41.8500 | 8217311 | 2024-07-26 15:59:57 |
| Year High | 56.7624 | Year High Date | 2018-02-09 |
| Year Low | 34.645 | Year Low Date | 2018-10-01 |
| 52wk High | 76.7 | 52wk High Date | 2023-10-26 |
| 52wk Low | 34.8 | 52wk Low Date | 2024-07-10 |
| Year End Close | 29.65 | Average Volume | 7,480,458 |
| Shares Outstanding | 5,569 | Assets | 3,830M |
| Beta | -1.92000000 | Volatility | 63.09 |