Technical Analysis for SQQQ - ProShares UltraPro Short QQQ
| Grade | Last Price | % Change | Price Change |
|---|---|---|---|
| F | 8.17 | 0.62% | 0.05 |
SQQQ closed down 3.33 percent on Friday, July 23, 2021, on 1.19 times 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.
| ADX | Long Term | Intermediate Term | Short Term |
|---|---|---|---|
| Strong | Down | Down | Down |
| Historical SQQQ trend table... | |||
| Date | Alert Name | Type | % Chg |
|---|---|---|---|
| New 52 Week Closing Low | Bearish | 0.00% | |
| New Downtrend | Bearish | 0.00% | |
| Bollinger Band Squeeze | Range Contraction | 0.00% | |
| New 52 Week Low | Weakness | 0.00% | |
| Stochastic Reached Oversold | Weakness | 0.00% | |
| BB Squeeze + Lower Band Touch | Range Contraction | 0.00% | |
| Below Lower BB | Weakness | 0.00% | |
| Down 3 Days in a Row | Weakness | 0.00% | |
| Down 4 Days in a Row | Weakness | 0.00% | |
| Lower Bollinger Band Touch | Weakness | 0.00% |
Recent Intraday Alerts -- Get these alerts pushed to you via our Mobile App
| Alert | Time |
|---|---|
| Rose Above Lower Bollinger Band | 15 minutes ago |
| Up 1% | 15 minutes ago |
| Down 3% | 3 days ago |
| Fell Below Lower Bollinger Band | 3 days ago |
| Down 2 % | 3 days ago |
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Basic chart:
The investment seeks daily investment results, before fees and expenses, that correspond to three times the inverse (-3x) 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 three times the inverse (-3x) 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.
Keywords: Exchange Traded Fund ETF Exchange Traded Funds Leveraged ETF Ultra ETF Nasdaq 100 Inverse ETF Bear Market ETF Capitalization Weighted Index Nasdaq Nasdaq Composite Index Proshare
Classification
Keywords: Exchange Traded Fund ETF Exchange Traded Funds Leveraged ETF Ultra ETF Nasdaq 100 Inverse ETF Bear Market ETF Capitalization Weighted Index Nasdaq Nasdaq Composite Index Proshare
| Indicator | Bull Case | Neutral / Hold | Bear Case |
|---|---|---|---|
| 50 DMA | |||
| 200 DMA | |||
| ADX Trend | |||
| Oversold / Overbought | |||
| Relative Strength |
| Indicator | Value |
|---|---|
| 52 Week High | 33.1 |
| 52 Week Low | 8.09 |
| Average Volume | 70,999,848 |
| 200-Day Moving Average | 14.10 |
| 50-Day Moving Average | 10.08 |
| 20-Day Moving Average | 8.79 |
| 10-Day Moving Average | 8.61 |
| Average True Range | 0.32 |
| ADX | 25.4 |
| +DI | 20.33 |
| -DI | 39.90 |
| Chandelier Exit (Long, 3 ATRs) | 8.80 |
| Chandelier Exit (Short, 3 ATRs) | 9.06 |
| Upper Bollinger Bands | 9.44 |
| Lower Bollinger Band | 8.15 |
| Percent B (%b) | -0.02 |
| BandWidth | 14.68 |
| MACD Line | -0.44 |
| MACD Signal Line | -0.47 |
| MACD Histogram | 0.03 |
| Pivot Point Level | Traditional / Classic | Fibonacci | Demark | Woodie | Camarilla |
|---|---|---|---|---|---|
| Resistance 4 (R4) | 8.59 | ||||
| Resistance 3 (R3) | 8.63 | 8.51 | 8.51 | ||
| Resistance 2 (R2) | 8.51 | 8.39 | 8.49 | 8.48 | |
| Resistance 1 (R1) | 8.32 | 8.32 | 8.26 | 8.28 | 8.46 |
| Pivot Point | 8.20 | 8.20 | 8.18 | 8.18 | 8.20 |
| Support 1 (S1) | 8.01 | 8.08 | 7.95 | 7.97 | 7.78 |
| Support 2 (S2) | 7.89 | 8.01 | 7.87 | 7.76 | |
| Support 3 (S3) | 7.70 | 7.89 | 7.73 | ||
| Support 4 (S4) | 7.66 |
