Technical Analysis for PSQ - ProShares Short QQQ

Grade Last Price % Change Price Change
grade F 17.2 1.12% 0.19
PSQ closed up 1.12 percent on Friday, August 7, 2020, on 66 percent of normal volume. Due to the stock's strong downtrend, it may remain oversold for a while. So, if you're looking for a reason to buy, don't put too much weight on it being oversold.

Trend Table & Recent Signals

ADX Long Term Intermediate Term Short Term
Strong Down Down Down
Historical PSQ trend table...

Date Alert Name Type % Chg
Lower Bollinger Band Walk Weakness 0.00%
Lower Bollinger Band Touch Weakness 0.00%
Oversold Stochastic Weakness 0.00%
New 52 Week Closing Low Bearish 1.12%
Lower Bollinger Band Walk Weakness 1.12%
New 52 Week Low Weakness 1.12%
Below Lower BB Weakness 1.12%
Down 3 Days in a Row Weakness 1.12%
Down 4 Days in a Row Weakness 1.12%
Down 5 Days in a Row Weakness 1.12%

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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 derivatives that ProShare Advisors believes, in combination, should have similar daily return characteristics as the inverse (-1x) of the daily return of the index. The index, a modified market capitalization-weighted index, includes 100 of the largest non-financial domestic and international issues listed on the NASDAQ Stock Market. The fund is non-diversified.
Exchange Traded Fund ETF Exchange Traded Funds Bear Market ETF Inverse ETF Capitalization Weighted Index Inverse Exchange Traded Fund Nasdaq Nasdaq Composite Index Nasdaq 100

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 29.7
52 Week Low 16.99
Average Volume 6,540,066
200-Day Moving Average 22.89
50-Day Moving Average 18.68
20-Day Moving Average 17.78
10-Day Moving Average 17.58
Average True Range 0.35
ADX 27.62
+DI 16.57
-DI 34.31
Chandelier Exit (Long, 3 ATRs ) 17.58
Chandelier Exit (Short, 3 ATRs ) 18.03
Upper Bollinger Band 18.54
Lower Bollinger Band 17.02
Percent B (%b) 0.12
BandWidth 8.59
MACD Line -0.43
MACD Signal Line -0.41
MACD Histogram -0.0219
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 17.73
Resistance 3 (R3) 17.72 17.53 17.64
Resistance 2 (R2) 17.53 17.40 17.54 17.61
Resistance 1 (R1) 17.37 17.32 17.45 17.38 17.58
Pivot Point 17.18 17.18 17.23 17.19 17.18
Support 1 (S1) 17.02 17.05 17.10 17.03 16.82
Support 2 (S2) 16.83 16.97 16.84 16.79
Support 3 (S3) 16.67 16.83 16.76
Support 4 (S4) 16.68