Analyze Symbol

Stock Trend Analysis Report

Prepared for you on Friday, August 23, 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
33.140 34.430 32.910 33.692 +0.382
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 up The intermediate term trend has been UP since Aug 2nd, 2019 at 34.07

short term down The short term trend has been DOWN since Aug 22nd, 2019 at 33.00

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
33.140 34.430 32.910 33.692 +0.382
Prev. Close Volume Bid Ask Time
41.4 15260652 2019-08-22 15:59:52
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
Volatility94.53
Want to analyze ProShares UltraPro Short QQQ SQQQ or another symbol? Try our Free Stock Trend Analysis Report.