Technical Analysis for SQQQ - ProShares UltraPro Short QQQ

Grade Last Price % Change Price Change
grade A 21.46 2.63% 0.55
SQQQ closed up 2.63 percent on Friday, April 3, 2020, on 1.28 times normal volume. The stock rose above its 50 day moving average, improving its intermediate-term outlook by crossing above that important trendline.

Trend Table & Recent Signals

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

Date Alert Name Type % Chg
Crossed Above 50 DMA Bullish 0.00%
Spinning Top Other 0.00%
Wide Bands Range Expansion 0.00%
Oversold Stochastic Weakness 0.00%
Fell Below 50 DMA Bearish 2.63%
180 Bearish Setup Bearish Swing Setup 2.63%
Strong but Oversold Other 2.63%
Wide Bands Range Expansion 2.63%
Oversold Stochastic Weakness 2.63%
Crossed Above 50 DMA Bullish -3.12%

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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 Fund ETF Exchange Traded Funds Leveraged ETF Ultra ETF Bear Market ETF Inverse 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 48.07
52 Week Low 15.89
Average Volume 61,504,604
200-Day Moving Average 27.38
50-Day Moving Average 21.20
20-Day Moving Average 24.38
10-Day Moving Average 21.92
Average True Range 3.51
ADX 22.88
+DI 17.16
-DI 23.08
Chandelier Exit (Long, 3 ATRs ) 21.91
Chandelier Exit (Short, 3 ATRs ) 28.60
Upper Bollinger Band 32.02
Lower Bollinger Band 16.75
Percent B (%b) 0.31
BandWidth 62.64
MACD Line -0.37
MACD Signal Line 0.31
MACD Histogram -0.6837
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 24.33
Resistance 3 (R3) 24.26 23.24 23.85
Resistance 2 (R2) 23.24 22.51 23.27 23.69
Resistance 1 (R1) 22.35 22.06 22.80 22.42 23.53
Pivot Point 21.33 21.33 21.55 21.36 21.33
Support 1 (S1) 20.44 20.60 20.89 20.51 19.39
Support 2 (S2) 19.42 20.15 19.45 19.23
Support 3 (S3) 18.53 19.42 19.07
Support 4 (S4) 18.60