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Stock Trend Analysis Report
Prepared for you on Wednesday, February 24, 2021.
ProShares UltraPro Short QQQ (NASDAQ:SQQQ)
Crossroads (+60) - SQQQ is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
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.
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MarketClub’s Trade Triangles for SQQQ
The long-term trend has been DOWN since Apr 7th, 2020 at 79.450
The intermediate-term trend has been UP since Feb 23rd, 2021 at 14.518
The short-term trend has been UP since Feb 17th, 2021 at 12.440
Smart Scan Analysis for SQQQ
Based on our trend formula, SQQQ is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 13.995 | 14.340 | 13.250 | 13.270 | -0.360 |
| Prev. Close | Volume | Bid | Ask | Time |
| 13.630 | 113901604 | 2021-02-24 15:59:51 |
| Year High | 23.26 | Year High Date | 2018-02-09 |
| Year Low | 10.8302 | Year Low Date | 2018-10-01 |
| 52wk High | 162.15 | 52wk High Date | 2020-03-12 |
| 52wk Low | 11.76 | 52wk Low Date | 2021-02-16 |
| Year End Close | 40.55 | Average Volume | 75,945,171 |
| Shares Outstanding | 125,989 | Market Cap | 1,142M |
| Assets | 1,409M | Volatility | 94.53 |