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ProShares - UltraShort QQQ

QID Technical Analysis Summary (AMEX)

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

QID●AMEX
Financial ServicesAsset Management - Leveraged
$13.06
$0.22(1.66%)
U.S. Market opens in 9h 34m

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

QID Technical Analysis Summary (AMEX)

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

Overall Sentiment:Neutral
Momentum:Bearish to Weak (RSI: 32.59)
Trend Strength:Weak (ADX: 12.88)
Volatility:Medium (ATR: 0.41)
Support/Resistance:$13.42 – $15.08 (Bollinger Bands)

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

Momentum Indicators

RSI (14): 32.59

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 3.32

Bullish
Oversold zone signals rebound potential.

Williams %R: -99.48

Bullish
Oversold zone suggests rebound potential.

Rate of Change (ROC): -10.49

Strongly Bearish
Sharp downside momentum.

Takeaway:ProShares - UltraShort QQQ shows strong bearish momentum, signaling downside pressure.

Trend & Volatility

MACD: -0.17

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 12.88

Weak
Weak trend, market trading sideways.

ATR (14): 0.41

Low
Low volatility, stable price action.

CCI (14): -240.70

Bearish
Bearish, oversold conditions may spark rebound.

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

Support & Resistance indicators
Bollinger Bands
Upper Band
$15.08
Middle Band (SMA 20)
$14.25
Lower Band
$13.42
Current Position
Below Lower Band

Takeaway:ProShares - UltraShort QQQ trades near the lower band, signaling oversold conditions and potential rebound.

Keltner Channels
Upper Channel
$14.97
Middle Line (EMA 20)
$14.16
Lower Channel
$13.35
Squeeze Status
No Squeeze

Takeaway:ProShares - UltraShort QQQ trades near the lower channel, signaling strong support and possible rebound.

Volume & Money Flow Analysis
On-Balance Volume21.19M
Money Flow Index53.26Neutral, balanced money flows with no clear signal.
Relative Vigor Index22.32Bearish, price momentum favors sellers.

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

Technical Trading Signals Summary
Based on the current technical analysis of ProShares - UltraShort QQQ (AMEX: QID), 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.

RVI below 50 → vigor tilted toward sellers.

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

(AMEX: QID) Technical Analysis FAQ