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Stock Trend Analysis Report

Prepared for you on Thursday, July 9, 2020.

ProShares UltraPro Short QQQ (NASDAQ:SQQQ)

Strong Downtrend (-100) - SQQQ is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. 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
6.6400 6.7590 6.4800 6.4809 -0.2691
Entry Signal

MarketClub’s Trade Triangles for SQQQ

long term down The long-term trend has been DOWN since Apr 7th, 2020 at 15.8900

intermediate term down The intermediate-term trend has been DOWN since Mar 26th, 2020 at 19.2201

short term down The short-term trend has been DOWN since Jun 30th, 2020 at 7.7200

Smart Scan Analysis for SQQQ

Based on our trend formula, SQQQ is rated as a -100 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
6.6400 6.7590 6.4800 6.4809 -0.2691
Prev. Close Volume Bid Ask Time
9.1200 77084195 2020-07-08 15:59:51
Year High23.26Year High Date2018-02-09
Year Low10.8302Year Low Date2018-10-01
52wk High39.2952wk High Date2019-08-05
52wk Low7.7952wk Low Date2020-06-10
Year End Close40.55Average Volume66,434,511
Shares Outstanding138,471Market Cap1,142M
Assets1,409MP/E Ratio46.8
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