Technical Analysis for QID - ProShares UltraShort QQQ

Grade Last Price % Change Price Change
grade F 26.3 1.66% 0.43
QID closed down 0.15 percent on Tuesday, November 19, 2019, on 45 percent of normal volume. The bears made the stock sink to a new 52-week low. 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 Flat
See historical QID trend table...

Date Alert Name Type % Chg
New 52 Week Closing Low Bearish 1.66%
New 52 Week Low Weakness 1.66%
Down 3 Days in a Row Weakness 1.66%
Oversold Stochastic Weakness 1.66%
New 52 Week Closing Low Bearish 1.51%
New Downtrend Bearish 1.51%
Reversal New Lows Setup Bearish Swing Setup 1.51%
New 52 Week Low Weakness 1.51%
Outside Day Range Expansion 1.51%
Oversold Stochastic Weakness 1.51%

Older signals for QID ...

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Profile
The investment seeks daily investment results, before fees and expenses, that correspond to two times the inverse (-2x) 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 two times the inverse (-2x) 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 Capitalization Weighted Index Nasdaq Rate Of Return Nasdaq Composite Index Proshare Nasdaq 100
Is QID a Buy, Sell or Hold?
Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength
Summary: Counts: 0 bullish, 4 bearish and 1 neutral indicators. You may wish to incorporate that into your trading strategies.
Indicators
Indicator Value
52 Week High 55.72
52 Week Low 25.72
Average Volume 2,502,937
200-Day Moving Average 31.8892
50-Day Moving Average 28.5684
20-Day Moving Average 26.944
10-Day Moving Average 26.316
Average True Range 0.4992
ADX 26.88
+DI 15.4933
-DI 36.4178
Chandelier Exit (Long, 3 ATRs ) 27.7224
Chandelier Exit (Short, 3 ATRs ) 27.2176
Upper Bollinger Band 28.5713
Lower Bollinger Band 25.3167
Percent B (%b) 0.17
BandWidth 12.079127
MACD Line -0.8053
MACD Signal Line -0.7917
MACD Histogram -0.0136
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 26.37
Resistance 3 (R3) 26.37 26.21 26.28
Resistance 2 (R2) 26.21 26.08 26.21 26.25
Resistance 1 (R1) 26.04 26.01 26.13 26.04 26.23
Pivot Point 25.88 25.88 25.92 25.88 25.88
Support 1 (S1) 25.71 25.75 25.80 25.71 25.51
Support 2 (S2) 25.55 25.68 25.55 25.49
Support 3 (S3) 25.38 25.55 25.46
Support 4 (S4) 25.38