Free Daily Analysis

Stock Trend Analysis Report

Prepared for you on Saturday, May 25, 2024.

ProShares UltraPro Short QQQ (NASDAQ:SQQQ)

Long-Term Downtrend (-90) - SQQQ is in a strong downtrend that is likely to continue. While SQQQ is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

Is it time to buy, sell, or avoid SQQQ?

MarketClub looks at technical strength and momentum to determine if the timing is right for SQQQ.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

Open High Low SQQQ Price Change
9.78 9.83 9.52 9.60 -0.28
Entry Signal

MarketClub’s Trade Triangles for SQQQ

long term down The long-term trend has been DOWN since Nov 14th, 2023 at 16.96

intermediate term down The intermediate-term trend has been DOWN since May 7th, 2024 at 10.61

short term down The short-term trend has been DOWN since May 23rd, 2024 at 9.65

Smart Scan Analysis for SQQQ

Based on our trend formula, SQQQ is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

Smart Scan Analysis for SQQQ
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
9.78 9.83 9.52 9.60 -0.28
Prev. Close Volume Bid Ask Time
9.60 110157153 2024-05-24 15:59:56
Year High23.26Year High Date2018-02-09
Year Low10.8302Year Low Date2018-10-01
52wk High25.5352wk High Date2023-05-25
52wk Low9.4352wk Low Date2024-05-23
Year End Close40.55Average Volume115,089,236
Shares Outstanding172,501Market Cap1,142M
Get a free daily analysis and signals for ProShares UltraPro Short QQQ (SQQQ) - Request Your Free Report.