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Stock Trend Analysis Report
Prepared for you on Thursday, November 30, 2023.
ProShares Ultra QQQ (PACF:QLD)
Countertrend Up (+85) - QLD is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid QLD?
MarketClub looks at technical strength and momentum to determine if the timing is right for QLD.
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 QLD
The long-term trend has been UP since Nov 20th, 2023 at 68.9012
The intermediate-term trend has been UP since Nov 7th, 2023 at 63.1600
The short-term trend has been DOWN since Nov 30th, 2023 at 68.4812
Smart Scan Analysis for QLD
Based on our trend formula, QLD is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 69.1600 | 69.3000 | 67.6400 | 68.7874 | -0.2926 |
| Prev. Close | Volume | Bid | Ask | Time |
| 69.0800 | 3758916 | 2023-11-30 15:59:44 |
| Year High | 102.51 | Year High Date | 2018-08-30 |
| Year Low | 67.48 | Year Low Date | 2018-02-09 |
| 52wk High | 70.74 | 52wk High Date | 2023-07-19 |
| 52wk Low | 33.38 | 52wk Low Date | 2022-12-28 |
| Year End Close | 54.81 | Average Volume | 4,485,764 |
| Shares Outstanding | 78,950 | Assets | 6,364M |
| Beta | 2.17 | Volatility | 63.62 |