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Stock Trend Analysis Report

Prepared for you on Sunday, January 26, 2025.

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.

NASDAQ_SQQQ
Open High Low SQQQ Price Change
27.4500 28.1799 27.3000 27.9050 +0.4650
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 Jan 22nd, 2025 at 28.23

short term down The short-term trend has been DOWN since Jan 15th, 2025 at 31.07

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).

-90
Smart Scan Analysis for SQQQ
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
27.4500 28.1799 27.3000 27.9050 +0.4650
Prev. Close Volume Bid Ask Time
27.9300 32381236 2025-01-24 15:59:34
Year High23.26Year High Date2018-02-09
Year Low10.8302Year Low Date2018-10-01
52wk High64.9552wk High Date2024-04-19
52wk Low27.234752wk Low Date2025-01-22
Year End Close40.55Average Volume49,018,509
Shares Outstanding34,500Market Cap1,142M
Assets1,409MVolatility94.53
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