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Stock Trend Analysis Report

Prepared for you on Thursday, December 1, 2022.

ProShares UltraPro Short QQQ (NASDAQ:SQQQ)

Weak Downtrend (-65) - SQQQ is showing signs of a strengthening downtrend. Monitor SQQQ as it may be building momentum to the downside.

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
41.20 42.44 40.47 41.25 -0.13
Entry Signal

MarketClub’s Trade Triangles for SQQQ

long term up The long-term trend has been UP since Oct 10th, 2022 at 61.35

intermediate term down The intermediate-term trend has been DOWN since Oct 25th, 2022 at 50.54

short term down The short-term trend has been DOWN since Nov 30th, 2022 at 44.37

Smart Scan Analysis for SQQQ

Based on our trend formula, SQQQ is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for SQQQ
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
41.20 42.44 40.47 41.25 -0.13
Prev. Close Volume Bid Ask Time
41.38 78258040 2022-12-01 14:28:47
Year High23.26Year High Date2018-02-09
Year Low10.8302Year Low Date2018-10-01
52wk High69.5552wk High Date2022-10-13
52wk Low28.1552wk Low Date2021-12-28
Year End Close40.55Average Volume124,916,383
Shares Outstanding65,751Market Cap1,142M
Assets1,409MVolatility94.53
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