Technical Analysis for SQQQ - ProShares UltraPro Short QQQ

Grade Last Price % Change Price Change
D 15.76 4.93% 0.74
SQQQ closed up 4.93 percent on Thursday, March 4, 2021, on 4.12 times normal volume. Note that the stock is in overbought territory based on its Slow Stochastic indicator (14, 3, 3) -- sideways movement or a pullback should not be unexpected.

Trend Table & Recent EOD Signals

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

Date Alert Name Type % Chg
Expansion Pivot Buy Setup Bullish Swing Setup 0.00%
Pocket Pivot Bullish Swing Setup 0.00%
Volume Surge Other 0.00%
Stochastic Reached Overbought Strength 0.00%
Upper Bollinger Band Walk Strength 0.00%
Weak + Overbought Other 0.00%
Wide Bands Range Expansion 0.00%
Above Upper BB Strength 0.00%
Overbought Stochastic Strength 0.00%
Up 3 Days in a Row Strength 0.00%
Older End-of-Day Signals for SQQQ ...

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

Alert Time
Possible Pocket Pivot about 6 hours ago
Up 1 ATR about 7 hours ago
Up 5% about 7 hours ago
60 Minute Opening Range Breakout about 7 hours ago
60 Minute Opening Range Breakdown about 8 hours ago
View Earlier Intraday Alerts

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Profile

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.
Classification

Keywords: Exchange Traded Fund ETF Exchange Traded Funds Leveraged ETF Ultra ETF Inverse ETF Bear Market ETF Capitalization Weighted Index Nasdaq Nasdaq Composite Index Proshare Nasdaq 100

Is SQQQ 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 162.15
52 Week Low 11.76
Average Volume 77,455,349
200-Day Moving Average 24.53
50-Day Moving Average 14.05
20-Day Moving Average 13.14
10-Day Moving Average 14.00
Average True Range 0.93
ADX 23.29
+DI 39.63
-DI 13.36
Chandelier Exit (Long, 3 ATRs ) 13.57
Chandelier Exit (Short, 3 ATRs ) 14.55
Upper Bollinger Band 15.31
Lower Bollinger Band 10.96
Percent B (%b) 1.1
BandWidth 33.12
MACD Line 0.24
MACD Signal Line -0.14
MACD Histogram 0.3809
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 18.38
Resistance 3 (R3) 18.29 17.32 17.95
Resistance 2 (R2) 17.32 16.66 17.37 17.80
Resistance 1 (R1) 16.54 16.24 16.93 16.63 17.65
Pivot Point 15.58 15.58 15.77 15.62 15.58
Support 1 (S1) 14.79 14.91 15.19 14.89 13.87
Support 2 (S2) 13.83 14.50 13.87 13.72
Support 3 (S3) 13.05 13.83 13.58
Support 4 (S4) 13.14