Technical Analysis for SQQQ - ProShares UltraPro Short QQQ

Grade Last Price % Change Price Change
grade F 30.85 2.83% 0.85
SQQQ closed up 2.83 percent on Friday, October 18, 2019, on approximately normal volume. Note that the stock is in oversold territory based on its Slow Stochastic indicator (14, 3, 3) -- sideways movement or a bounce should not be unexpected.

Trend Table & Recent Signals
ADX Long-Term Intermediate-Term Short-Term
Weak or Absent Down Down Down
See historical SQQQ trend table...

Date Alert Name Type % Chg
Slingshot Bearish Bearish Swing Setup 0.00%
Stochastic Buy Signal Bullish 0.00%
Multiple of Ten Bullish Other 0.00%
Oversold Stochastic Weakness 0.00%
New 52 Week Closing Low Bearish 2.83%
New 52 Week Low Weakness 2.83%
Lower Bollinger Band Touch Weakness 2.83%
Oversold Stochastic Weakness 2.83%
Narrow Range Bar Range Contraction 2.08%
NR7 Range Contraction 2.08%

Older signals for SQQQ ...

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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.
Exchange Traded Funds Capitalization Weighted Index Mathematical Finance Financial Ratios 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
Summary: Counts: 0 bullish, 3 bearish and 2 neutral indicators. You may wish to incorporate that into your trading strategies.
Indicators
Indicator Value
52 Week High 85.48
52 Week Low 29.56
Average Volume 16,205,444
200-Day Moving Average 39.124
50-Day Moving Average 32.9326
20-Day Moving Average 32.268
10-Day Moving Average 31.58
Average True Range 1.359
ADX 13.68
+DI 26.1875
-DI 28.6165
Chandelier Exit (Long, 3 ATRs ) 32.243
Chandelier Exit (Short, 3 ATRs ) 33.637
Upper Bollinger Band 34.9797
Lower Bollinger Band 29.5563
Percent B (%b) 0.24
BandWidth 16.807363
MACD Line -0.6019
MACD Signal Line -0.3391
MACD Histogram -0.2628
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 32.89
Resistance 3 (R3) 32.82 32.07 32.55
Resistance 2 (R2) 32.07 31.55 32.11 32.44
Resistance 1 (R1) 31.46 31.23 31.77 31.53 32.32
Pivot Point 30.71 30.71 30.86 30.75 30.71
Support 1 (S1) 30.10 30.19 30.41 30.17 29.38
Support 2 (S2) 29.35 29.87 29.39 29.26
Support 3 (S3) 28.74 29.35 29.15
Support 4 (S4) 28.81