Stock Trend Analysis Report
Prepared for you on Tuesday, March 19, 2019.
Proshares Ultra-Short QQQ (PACF:QID)
Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for QID
The long term trend has been DOWN since Feb 5th, 2019 at 38.5662
The intermediate term trend has been DOWN since Jan 7th, 2019 at 44.4878
The short term trend has been DOWN since Mar 11th, 2019 at 36.6700
Smart Scan Analysis for QID
Based on a pre-defined weighted trend formula for chart analysis, QID scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Year High||56.7624||Year High Date||2018-02-09|
|Year Low||34.645||Year Low Date||2018-10-01|
|52wk High||55.72||52wk High Date||2018-12-24|
|52wk Low||34.645||52wk Low Date||2018-10-01|
|Year End Close||29.65||Average Volume||2,708,620|