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Stock Trend Analysis Report

Prepared for you on Tuesday, December 7, 2021.

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
6.31 6.32 6.03 6.05 -0.61
Entry Signal

MarketClub’s Trade Triangles for SQQQ

long term down The long-term trend has been DOWN since Apr 7th, 2020 at 79.45

intermediate term up The intermediate-term trend has been UP since Dec 2nd, 2021 at 6.69

short term down The short-term trend has been DOWN since Dec 7th, 2021 at 6.37

Smart Scan Analysis for SQQQ

Based on our trend formula, SQQQ is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-65
Smart Scan Analysis for SQQQ
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
6.31 6.32 6.03 6.05 -0.61
Prev. Close Volume Bid Ask Time
6.66 189884435 2021-12-07 15:59:50
Year High23.26Year High Date2018-02-09
Year Low10.8302Year Low Date2018-10-01
52wk High17.868752wk High Date2020-12-10
52wk Low5.6952wk Low Date2021-11-22
Year End Close40.55Average Volume156,577,725
Shares Outstanding268,089Market Cap1,142M
Assets1,409MVolatility94.53
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