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Stock Trend Analysis Report

Prepared for you on Thursday, November 30, 2023.

ProShares UltraPro Short QQQ (NASDAQ:SQQQ)

Countertrend Down (-85) - SQQQ is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score 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
15.8700 16.3900 15.8100 16.0001 +0.1101
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 Nov 7th, 2023 at 18.48

short term up The short-term trend has been UP since Nov 30th, 2023 at 16.09

Smart Scan Analysis for SQQQ

Based on our trend formula, SQQQ is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85
Smart Scan Analysis for SQQQ
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
15.8700 16.3900 15.8100 16.0001 +0.1101
Prev. Close Volume Bid Ask Time
15.8900 132784112 2023-11-30 15:59:52
Year High23.26Year High Date2018-02-09
Year Low10.8302Year Low Date2018-10-01
52wk High58.2952wk High Date2022-12-28
52wk Low15.3552wk Low Date2023-11-29
Year End Close40.55Average Volume121,943,396
Shares Outstanding172,501Market Cap1,142M
Assets1,409MVolatility94.53
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