SQQQ stock: buy or sell?
May 14th, 2020
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?Even if you are a experienced or a novel trader, best trading results come from using an investing strategy that never leaves to random or subjective opinions when is the best moment to buy or sell stocks. Following a trading plan helps to make decisions easier, quicker and with less hesitations. At Stocks2.com, we like to use very simple but trusted and powerful trend following trading strategies. Simple things usually work the best.
Currently, ProShares UltraPro Short QQQ stock doesn't match any of these trading strategies, so our recommendation is not to buy.
|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 find any rating for SQQQ stock for the last 30 days.
SQQQ stock analysis
Shares of ProShares UltraPro Short QQQ collapsed a godawful -3.33% and closed at $11.02.
Shares of ProShares UltraPro Short QQQ collapsed a godawful -3.33% and closed at $11.02. SQQQ marked a lower low and a lower high in the short term, defining a downward trend. Climbing above $12.91 would break this short term down trend and open possibilities for reversing this situation.
After sliding a frightening -18.61% in a week last week, ProShares UltraPro Short QQQ closed this week at $11.02 and soared a great 3.57%.
SQQQ stock price history
SQQQ stock went public on April 16th, 2010 with a price of $12,449.601. Since then, SQQQ stock sliced a -99.90%, with a yearly average of -10.00%.
1: Adjusted price after possible price splits or reverse-splits.
SQQQ stock historical price chart
SQQQ stock reached 52-week highs on June at $47.11, and all-time highs 2010-07-01 with a price of 18887.6.
SQQQ stock price targetPredicting the price evolution of a stock or any financial instrument in a reliable and repeatable way is probably impossible. However, banks and other financial institutions analysts, with the help of lots of data and algorithms do their best to predict the stock prices movement. 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 detected any price target 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 invest in shares of a stock, it's worth to overview its ownership structure.
Management staff in all public traded companies that hold equity is required to report every transaction to the SEC. For ProShares UltraPro Short QQQ, of all outstanding shares are owned by its staff.
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%|
|Thursday, May 14th, 2020|
|Day range||$11.02 - $11.94|
|Average true range||$0.82|
|50d mov avg||$17.82|
|100d mov avg||$18.79|
|200d mov avg||$24.42|
ProShares UltraPro Short QQQ performanceStocks performance is always measured in comparision to the market or competitors and related stocks in the same industry. For ProShares UltraPro Short QQQ, the comparison is made against .