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Stock Trend Analysis Report
Prepared for you on Saturday, February 22, 2025.
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.
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MarketClub’s Trade Triangles for QID
The long-term trend has been DOWN since Oct 14th, 2024 at 34.800
The intermediate-term trend has been DOWN since Jan 22nd, 2025 at 30.650
The short-term trend has been UP since Feb 20th, 2025 at 29.865
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 29.620 | 31.020 | 29.620 | 30.985 | +1.255 |
| Prev. Close | Volume | Bid | Ask | Time |
| 30.970 | 6556951 | 2025-02-21 15:59:46 |
| Year High | 56.7624 | Year High Date | 2018-02-09 |
| Year Low | 34.645 | Year Low Date | 2018-10-01 |
| 52wk High | 51.87 | 52wk High Date | 2024-04-19 |
| 52wk Low | 29.32 | 52wk Low Date | 2025-02-19 |
| Year End Close | 29.65 | Average Volume | 4,895,076 |
| Shares Outstanding | 5,569 | Assets | 3,830M |
| Beta | -1.92000000 | Volatility | 63.09 |