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ProShares - Short QQQ

PSQ Technical Analysis Summary (AMEX)

Analyze PSQ on the AMEX with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

PSQ●AMEX
Financial ServicesAsset Management - Leveraged
$25.80
$0.05(0.19%)
U.S. Market opens in 8h 28m

Disclaimer for Technical Analysis Page

The technical indicators and trading signals shown on this page are for informational purposes only and do not constitute financial advice. Stock market investments involve risk, and past performance is not a guarantee of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.Read our Full Disclaimer

PSQ Technical Analysis Summary (AMEX)

ProShares - Short QQQ (AMEX: PSQ) stock currently shows a neutral trend on the AMEX, supported by momentum and balanced buying pressure.

Overall Sentiment:Neutral
Momentum:Neutral to Bearish (RSI: 48.85)
Trend Strength:Weak (ADX: 14.75)
Volatility:Low (ATR: 0.44)
Support/Resistance:$24.58 – $27.71 (Bollinger Bands)

Technical conditions suggest ProShares - Short QQQ on the AMEX is awaiting a decisive move. This mix signals that ProShares - Short QQQ is trading in a balanced range with no clear breakout yet.

Momentum Indicators

RSI (14): 48.85

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 22.02

Bearish
Momentum remains weak below midpoint.

Williams %R: -66.50

Bearish
Sellers maintain momentum below neutral.

Rate of Change (ROC): -4.33

Bearish
Selling pressure outweighs buying.

Takeaway:ProShares - Short QQQ shows weakening momentum, with sellers gaining the edge.

Trend & Volatility

MACD: -0.18

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 14.75

Weak
Weak trend, market trading sideways.

ATR (14): 0.44

Low
Low volatility, stable price action.

CCI (14): 14.68

Neutral
Neutral, no strong directional signal.

Takeaway:ProShares - Short QQQ shows a neutral trend, with weak conviction and limited volatility.

Support & Resistance indicators
Bollinger Bands
Upper Band
$27.71
Middle Band (SMA 20)
$26.14
Lower Band
$24.58
Current Position
Within Bands

Takeaway:ProShares - Short QQQ trades closer to support, showing weaker momentum within bands.

Keltner Channels
Upper Channel
$26.72
Middle Line (EMA 20)
$25.84
Lower Channel
$24.97
Squeeze Status
No Squeeze

Takeaway:ProShares - Short QQQ trades below the trend line, showing weaker momentum inside the channel.

Volume & Money Flow Analysis
On-Balance Volume12.51M
Money Flow Index27.43Bearish, selling pressure outweighs inflows.
Relative Vigor Index62.05Bullish, price momentum strongly favors buyers.

Overall Takeaway:PSQ shows mixed signals in money flow analysis.

Technical Trading Signals Summary
Based on the current technical analysis of ProShares - Short QQQ (AMEX: PSQ), here are the key trading signals and recommendations:

Bullish Signals

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

MACD below signal line → short-term caution on momentum.

Overall Recommendation:Technical indicators for ProShares - Short QQQ are mixed, suggesting a Hold or wait-and-see approach.

(AMEX: PSQ) Technical Analysis FAQ