Analyze Symbol

Stock Trend Analysis Report

Prepared for you on Sunday, June 16, 2019.

ProShares UltraPro Short QQQ (NASDAQ:SQQQ)

Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term negative trend to resume. Downtrend with money management stops.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

Open High Low SQQQ Price Change
38.22 38.54 37.82 38.14 +0.55
Entry Signal

MarketClub’s Trade Triangles for SQQQ

long term down The long term trend has been DOWN since Feb 4th, 2019 at 49.40

intermediate term down The intermediate term trend has been DOWN since Jun 10th, 2019 at 38.60

short term up The short term trend has been UP since Jun 14th, 2019 at 38.46

Smart Scan Analysis for SQQQ

Based on a pre-defined weighted trend formula for chart analysis, SQQQ scored -85 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
38.22 38.54 37.82 38.14 +0.55
Prev. Close Volume Bid Ask Time
41.4 8717442 2019-06-14 15:59:54
Year High23.26Year High Date2018-02-09
Year Low10.8302Year Low Date2018-10-01
52wk High85.4852wk High Date2018-12-24
52wk Low33.852wk Low Date2019-05-01
Year End Close40.55Average Volume10,225,873
Shares Outstanding24,634Market Cap4,133M
Assets1,409MP/E Ratio46.8
Want to analyze ProShares UltraPro Short QQQ SQQQ or another symbol? Try our Free Stock Trend Analysis Report.