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Stock Trend Analysis Report
Prepared for you on Sunday, January 26, 2025.
ProShares UltraPro Short QQQ (NASDAQ:SQQQ)
Long-Term Downtrend (-90) - SQQQ is in a strong downtrend that is likely to continue. While SQQQ is showing intraday strength, it remains in the confines of a bearish trend. 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.
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MarketClub’s Trade Triangles for SQQQ
The long-term trend has been DOWN since Nov 14th, 2023 at 16.96
The intermediate-term trend has been DOWN since Jan 22nd, 2025 at 28.23
The short-term trend has been DOWN since Jan 15th, 2025 at 31.07
Smart Scan Analysis for SQQQ
Based on our trend formula, SQQQ is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 27.4500 | 28.1799 | 27.3000 | 27.9050 | +0.4650 |
| Prev. Close | Volume | Bid | Ask | Time |
| 27.9300 | 32381236 | 2025-01-24 15:59:34 |
| Year High | 23.26 | Year High Date | 2018-02-09 |
| Year Low | 10.8302 | Year Low Date | 2018-10-01 |
| 52wk High | 64.95 | 52wk High Date | 2024-04-19 |
| 52wk Low | 27.2347 | 52wk Low Date | 2025-01-22 |
| Year End Close | 40.55 | Average Volume | 49,018,509 |
| Shares Outstanding | 34,500 | Market Cap | 1,142M |
| Assets | 1,409M | Volatility | 94.53 |