Technical Analysis for QID - ProShares UltraShort QQQ

Grade Last Price % Change Price Change
F 26.01 -5.90% -1.63
QID closed down 5.9 percent on Monday, March 1, 2021, on 1.35 times normal volume. The stock fell below its 50 day moving average, damaging its intermediate-term outlook by crossing under that important trendline.

Trend Table & Recent EOD Signals

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

Date Alert Name Type % Chg
Fell Below 50 DMA Bearish 0.00%
50 DMA Support Bullish -5.90%
Volume Surge Other -5.90%
Calm After Storm Range Contraction -5.90%
Upper Bollinger Band Walk Strength -5.90%
Upper Bollinger Band Touch Strength -5.90%
Crossed Above 50 DMA Bullish -6.97%
180 Bullish Setup Bullish Swing Setup -6.97%
Expansion Pivot Buy Setup Bullish Swing Setup -6.97%
Pocket Pivot Bullish Swing Setup -6.97%
Older End-of-Day Signals for QID ...

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

Alert Time
Down 5% about 8 hours ago
60 Minute Opening Range Breakdown about 9 hours ago
Down 1 ATR about 9 hours ago
Gap Down Partially Closed about 10 hours ago
Gapped Down (Full) about 10 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 128.44
52 Week Low 24.055
Average Volume 4,377,584
200-Day Moving Average 38.48
50-Day Moving Average 27.05
20-Day Moving Average 25.56
10-Day Moving Average 25.98
Average True Range 1.08
ADX 23.5
+DI 30.39
-DI 16.51
Chandelier Exit (Long, 3 ATRs ) 25.03
Chandelier Exit (Short, 3 ATRs ) 27.30
Upper Bollinger Band 27.60
Lower Bollinger Band 23.53
Percent B (%b) 0.61
BandWidth 15.94
MACD Line -0.09
MACD Signal Line -0.45
MACD Histogram 0.3633
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 27.59
Resistance 3 (R3) 27.75 27.38 27.32
Resistance 2 (R2) 27.38 26.98 27.30 27.23
Resistance 1 (R1) 26.70 26.73 26.52 26.54 27.15
Pivot Point 26.33 26.33 26.24 26.25 26.33
Support 1 (S1) 25.65 25.93 25.47 25.49 24.87
Support 2 (S2) 25.28 25.68 25.20 24.79
Support 3 (S3) 24.60 25.28 24.70
Support 4 (S4) 24.44