Technical Analysis for PSQ - ProShares Short QQQ

Grade Last Price % Change Price Change
F 44.42 -1.11% -0.50
PSQ closed down 1.11 percent on Monday, May 6, 2024, on approximately normal volume. The stock fell below its 50 day moving average, damaging its intermediate-term outlook by crossing under that important trendline. Note that the stock is in oversold territory based on its Slow Stochastic indicator (14, 3, 3) -- so don't be surprised if it goes sideways or bounces.
1 Watcher
Watchlist Portfolio

Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Down Flat Down

Date Alert Name Type % Chg
Fell Below 50 DMA Bearish 0.00%
Stochastic Reached Oversold Weakness 0.00%
Down 3 Days in a Row Weakness 0.00%
Gapped Down Weakness 0.00%
Oversold Stochastic Weakness 0.00%
Fell Below 20 DMA Bearish -1.11%
MACD Bearish Signal Line Cross Bearish -1.11%
Gapped Down Weakness -1.11%
Gapped Down Weakness -3.03%
Pocket Pivot Bullish Swing Setup -4.21%

   Recent Intraday Alerts

Alert Time
Down 1% about 8 hours ago
60 Minute Opening Range Breakdown about 9 hours ago
Fell Below 50 DMA about 10 hours ago
Possible NR7 about 10 hours ago
50 DMA Support about 10 hours ago

Get a Trading Assistant

Let us help you stay on top of your investments. We will alert you to important technical developments on your portfolio & watchlist.

Profile

The investment seeks daily investment results before fees and expenses that correspond to the inverse (-1x) of the daily performance of the NASDAQ-100 Index®. The fund invests in financial instruments that ProShare Advisors believes, in combination, should produce daily returns consistent with the fund's investment objective. The index includes 100 of the largest domestic and international non-financial companies listed on The Nasdaq Stock Market based on market capitalization. The fund is non-diversified.
Classification

Keywords: Exchange Traded Funds Index Fund Nasdaq 100 Proshares Nasdaq 100 Index

Is PSQ a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 57.6415
52 Week Low 43.2
Average Volume 3,688,953
200-Day Moving Average 48.18
50-Day Moving Average 44.59
20-Day Moving Average 45.43
10-Day Moving Average 45.58
Average True Range 0.74
RSI (14) 42.86
ADX 21.41
+DI 27.62
-DI 29.14
Chandelier Exit (Long, 3 ATRs) 45.02
Chandelier Exit (Short, 3 ATRs) 45.91
Upper Bollinger Bands 47.14
Lower Bollinger Band 43.73
Percent B (%b) 0.2
BandWidth 7.50
MACD Line 0.20
MACD Signal Line 0.36
MACD Histogram -0.1536
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 45.01
Resistance 3 (R3) 45.07 44.94 44.91
Resistance 2 (R2) 44.94 44.79 44.91 44.87
Resistance 1 (R1) 44.68 44.70 44.62 44.62 44.84
Pivot Point 44.55 44.55 44.52 44.52 44.55
Support 1 (S1) 44.29 44.40 44.23 44.23 44.00
Support 2 (S2) 44.16 44.31 44.13 43.97
Support 3 (S3) 43.90 44.16 43.93
Support 4 (S4) 43.84