Technical Analysis for QID - ProShares UltraShort QQQ

Grade Last Price % Change Price Change
F 23.69 -1.21% -0.29
QID closed down 1.56 percent on Thursday, May 6, 2021, on 1.34 times normal volume.

Trend Table & Recent EOD Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Down Down Up
Historical QID trend table...

Date Alert Name Type % Chg
Non-ADX 1,2,3,4 Bearish Bearish Swing Setup -1.21%
Bollinger Band Squeeze Range Contraction -1.21%
BB Squeeze + Upper Band Touch Range Contraction -1.21%
Upper Bollinger Band Touch Strength -1.21%
Non-ADX 1,2,3,4 Bearish Bearish Swing Setup -2.75%
Bollinger Band Squeeze Range Contraction -2.75%
BB Squeeze + Upper Band Touch Range Contraction -2.75%
Inside Day Range Contraction -2.75%
Above Upper BB Strength -2.75%
Up 3 Days in a Row Strength -2.75%
Older End-of-Day Signals for QID ...

   Recent Intraday Alerts -- Get these alerts pushed to you via our Mobile App

Alert Time
10 DMA Support about 2 hours ago
60 Minute Opening Range Breakdown about 4 hours ago
Down 3% about 4 hours ago
Fell Below 10 DMA about 4 hours ago
Down 1 ATR about 4 hours ago
View Earlier Intraday Alerts

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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.
Classification

Keywords: Exchange Traded Fund ETF Leveraged ETF Ultra ETF Inverse ETF Bear Market ETF Capitalization Weighted Index Nasdaq 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

Indicators

Indicator Value
52 Week High 68.2
52 Week Low 22.4704
Average Volume 8,984,320
200-Day Moving Average 31.80
50-Day Moving Average 25.34
20-Day Moving Average 23.22
10-Day Moving Average 23.33
Average True Range 0.74
ADX 19.34
+DI 26.07
-DI 16.86
Chandelier Exit (Long, 3 ATRs ) 22.52
Chandelier Exit (Short, 3 ATRs ) 24.69
Upper Bollinger Band 24.20
Lower Bollinger Band 22.25
Percent B (%b) 0.89
BandWidth 8.40
MACD Line -0.35
MACD Signal Line -0.62
MACD Histogram 0.2723
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 25.12
Resistance 3 (R3) 25.24 24.99 24.93
Resistance 2 (R2) 24.99 24.70 24.93 24.87
Resistance 1 (R1) 24.48 24.52 24.36 24.36 24.80
Pivot Point 24.23 24.23 24.16 24.16 24.23
Support 1 (S1) 23.72 23.94 23.59 23.60 23.16
Support 2 (S2) 23.47 23.76 23.40 23.09
Support 3 (S3) 22.96 23.47 23.03
Support 4 (S4) 22.84