Index Trend Analysis Report
Prepared for you on Monday, April 19, 2021.
ProShares Short QQQ (GIF:PSQ)
Strong Downtrend (-100) - PSQ is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid PSQ?
MarketClub looks at technical strength and momentum to determine if the timing is right for PSQ.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for PSQ
The long-term trend has been DOWN since Apr 28th, 2020 at 21.989
The intermediate-term trend has been DOWN since Apr 1st, 2021 at 13.741
The short-term trend has been DOWN since Mar 31st, 2021 at 14.014
Smart Scan Analysis for PSQ
Based on our trend formula, PSQ is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).