SQQQ stock: buy or sell?
August 19th, 2019
The investment seeks daily investment results, before fees and expenses, that correspond to three times the inverse (-3x) of the daily performance of the NASDAQ-100 IndexÂ®.
Should I buy SQQQ stock?Make a decision about when to buy or sell stocks is one of the hardest parts of being a trader or investor. Trading strategies are meant for helping you in the decision process of what stocks to choose and when is the best time to buy them. At Stocks2.com, we like to use very simple but trusted and powerful trend following trading strategies. Simple things usually work the best.
None of our preferred buy setups matches with ProShares UltraPro Short QQQ stock situation right now, hence this is not a suitable entry point.
|New all-time high||No|
|New 52 week high||No|
|Price crossing up 200d MA||No|
|100d MA crossing up 200d MA||No|
Is ProShares UltraPro Short QQQ stock a buy?
Everyday, hundreds of stock ratings are posted by financial analysts to indicate a particular stock's attractiveness.Unfortunately, we couldn't detect any rating for SQQQ stock for the last 30 days.
SQQQ stock analysis
Shares of ProShares UltraPro Short QQQ plunged a chilling -4.50% and closed at $33.53.
ProShares UltraPro Short QQQ plunged a chilling -4.50% and closed at $33.53.
ProShares UltraPro Short QQQ dropped a shocking -4.50% this week. Late July SQQQ boosted a super good 11.64% in just one week. Late July SQQQ collapsed a bloodcurdling -6.93% in just one week.
Since price and 40-weeks moving average lines crossed down by mid January, SQQQ fell $-23.90 per share (-41.62%). Stocks under the 200d moving average line are usually not recommended for average traders.
SQQQ stock price history
SQQQ stock went public on April 16th, 2010 with a price of $12,588.601. Since then, SQQQ stock declined a -99.70%, with a yearly average of -11.10%.
1: Adjusted price after possible price splits or reverse-splits.
SQQQ stock historical price chart
SQQQ stock reached 52-week highs on December at $84.23, and all-time highs 2010-07-01 with a price of 19098.4.
SQQQ stock price targetHow much a stock will be priced tomorrow or next week is quite unpredictable However, financial institutions invest time and resources to provide the most accurated estimations to help investors to make their decisions. You should not follow the analysts' SQQQ stock price predictions in the hope that they will be met as they may be wrong and not met. For the last month we have not found any price prediction for ProShares UltraPro Short QQQ stock by any trusted analyst.
Financials and fundamental analysis
Earnings date and Earnings per Share
|Quarter||Reporting date||Estimated EPS||Actual EPS||Surprise|
ProShares UltraPro Short QQQ ownershipWhen you are planning to buy a company, it's worth to overview its ownership structure.
ProShares UltraPro Short QQQ shares owned by insiders (that is, founders, CEO, CTO, main executives or other management staff) currently counts a of all shares.
The following table compares ownership indicators for other stocks related to ProShares UltraPro Short QQQ:
|Market cap||$0.0 M|
|Total shares||0.0 M|
|Float shares||0.0 M|
|- Institutional holdings (%)||0.0%|
|- Insider holdings (%)||0.0%|
|Shares in short selling||0.0%|
|Monday, August 19th, 2019|
|Day range||$33.22 - $35.94|
|Average true range||$2.53|
|50d mov avg||$34.16|
|100d mov avg||$36.11|
|200d mov avg||$44.89|
ProShares UltraPro Short QQQ performanceTo better understand ProShares UltraPro Short QQQ performance you must becnhmark its gains with other related stocks in same sector or industry. In the following table, we compare ProShares UltraPro Short QQQ performance to :