Analyze Symbol

Stock Trend Analysis Report

Prepared for you on Monday, October 21, 2019.

ProShares UltraPro Short QQQ (NASDAQ:SQQQ)

Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend with tight 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.

NASDAQ_SQQQ
Open High Low SQQQ Price Change
30.15 31.32 29.96 30.80 +0.80
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 Oct 15th, 2019 at 30.40

short term up The short term trend has been UP since Oct 18th, 2019 at 30.95

Smart Scan Analysis for SQQQ

Based on a pre-defined weighted trend formula for chart analysis, SQQQ scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-75
Smart Scan Analysis for SQQQ
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
30.15 31.32 29.96 30.80 +0.80
Prev. Close Volume Bid Ask Time
33.83 15141336 2019-10-18 15:59:52
Year High23.26000000Year High Date2018-02-09
Year Low10.83020000Year Low Date2018-10-01
52wk High85.4800000052wk High Date2018-12-24
52wk Low30.0000000052wk Low Date2019-09-12
Year End Close40.55000000Average Volume14,711,588
Shares Outstanding34,671Market Cap1,142M
Assets1409.00,000,000MP/E Ratio46.80000000
Volatility94.53000000Yield0.00000000
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