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Stock Trend Analysis Report
Prepared for you on Tuesday, March 21, 2023.
ProShares UltraShort QQQ (PACF:QID)
Strong Downtrend (-100) - QID is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, QID continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid QID?
MarketClub looks at technical strength and momentum to determine if the timing is right for QID.
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 QID
The long-term trend has been DOWN since Jan 27th, 2023 at 21.0200
The intermediate-term trend has been DOWN since Mar 16th, 2023 at 19.7462
The short-term trend has been DOWN since Mar 15th, 2023 at 20.5400
Smart Scan Analysis for QID
Based on our trend formula, QID is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 19.15 | 19.37 | 18.98 | 19.18 | -0.24 |
| Prev. Close | Volume | Bid | Ask | Time |
| 19.42 | 4869550 | 2023-03-21 12:35:18 |
| Year High | 56.7624 | Year High Date | 2018-02-09 |
| Year Low | 34.645 | Year Low Date | 2018-10-01 |
| 52wk High | 29.98 | 52wk High Date | 2022-10-13 |
| 52wk Low | 16.56 | 52wk Low Date | 2022-03-29 |
| Year End Close | 29.65 | Average Volume | 15,400,881 |
| Shares Outstanding | 25,946 | Assets | 3,830M |
| Beta | -1.92000000 | Volatility | 63.09 |