Stock Trend Analysis Report
Prepared for you on Friday, December 8, 2023.
ProShares Short QQQ (PACF:PSQ)
Strong Downtrend (-100) - PSQ is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, PSQ continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid PSQ?
MarketClub looks at technical strength and momentum to determine if the timing is right for PSQ.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for PSQ
The long-term trend has been DOWN since Nov 14th, 2023 at 10.23
The intermediate-term trend has been DOWN since Nov 7th, 2023 at 10.56
The short-term trend has been DOWN since Dec 7th, 2023 at 10.11
Smart Scan Analysis for PSQ
Based on our trend formula, PSQ is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||36.74||Year High Date||2018-02-09|
|Year Low||28.99||Year Low Date||2018-10-01|
|52wk High||15.09||52wk High Date||2022-12-28|
|52wk Low||10||52wk Low Date||2023-11-29|
|Year End Close||25.57||Average Volume||23,179,919|