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Stock Trend Analysis Report
Prepared for you on Friday, May 10, 2024.
ProShares Ultra QQQ (PACF:QLD)
Bull Market Weakness (+75) - QLD is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on QLD as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid QLD?
MarketClub looks at technical strength and momentum to determine if the timing is right for QLD.
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 QLD
The long-term trend has been UP since Nov 20th, 2023 at 68.9012
The intermediate-term trend has been DOWN since Apr 15th, 2024 at 83.9150
The short-term trend has been UP since May 3rd, 2024 at 82.3500
Smart Scan Analysis for QLD
Based on our trend formula, QLD is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 85.1200 | 85.5801 | 84.4002 | 85.3700 | +0.3200 |
| Prev. Close | Volume | Bid | Ask | Time |
| 85.3600 | 1297605 | 2024-05-09 15:59:58 |
| Year High | 102.51 | Year High Date | 2018-08-30 |
| Year Low | 67.48 | Year Low Date | 2018-02-09 |
| 52wk High | 89.74 | 52wk High Date | 2024-03-21 |
| 52wk Low | 49.326 | 52wk Low Date | 2023-05-10 |
| Year End Close | 54.81 | Average Volume | 4,010,485 |
| Shares Outstanding | 78,950 | Assets | 6,364M |
| Beta | 2.17 | Volatility | 63.62 |