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Stock Trend Analysis Report

Prepared for you on Thursday, May 23, 2024.

ProShares Ultra QQQ (PACF:QLD)

Bull Market Weakness (+75) - QLD is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on QLD as it may be in the beginning stages of a reversal.

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.

PACF_QLD
Open High Low QLD Price Change
92.8100 92.8100 89.3201 90.0500 -0.8900
Entry Signal

MarketClub’s Trade Triangles for QLD

long term up The long-term trend has been UP since Nov 20th, 2023 at 68.9012

intermediate term up The intermediate-term trend has been UP since May 10th, 2024 at 86.4175

short term down The short-term trend has been DOWN since May 23rd, 2024 at 89.4200

Smart Scan Analysis for QLD

Based on our trend formula, QLD is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+75
Smart Scan Analysis for QLD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
92.8100 92.8100 89.3201 90.0500 -0.8900
Prev. Close Volume Bid Ask Time
90.9400 3461675 2024-05-23 15:59:57
Year High102.51Year High Date2018-08-30
Year Low67.48Year Low Date2018-02-09
52wk High91.3752wk High Date2024-05-22
52wk Low51.621652wk Low Date2023-05-24
Year End Close54.81Average Volume2,716,339
Shares Outstanding78,950Assets6,364M
Beta2.17Volatility63.62
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