
Why Is ProShares - UltraShort QQQ (AMEX: QID) Stock Down Today?
Live update on QID's movement on the AMEX, with key data on price change, volume, technical indicators, sector trends, and analyst sentiment.
QID is Up +2.29% today
You might want to check out Why is QID Up Today?
ProShares - UltraShort QQQ (AMEX: QID) Update
ProShares - UltraShort QQQ (AMEX: QID) Summary
ProShares - UltraShort QQQ (AMEX: QID) is trading up +2.29% at $15.65, reflecting a positive shift in investor sentiment today. The stock opened at $15.38 and has moved between $15.28 and $15.73 so far.
Trading volume is 21933498, which is 2% above its average, and the price action suggests buying interest.
Technically, QID on the AMEX is trading above its 50-day moving average of $14.42 and below its 200-day moving average of $18.75, indicating short-term strength but long-term weakness.
Meyka's AI assigns QID a grade of C (Overall fair), reflecting its assessment of fundamentals and sentiment. Forecast models project potential returns of -16.93% in 1 month ($13.00), -68.57% in 1 year ($4.92), and -100.00% in 5 years ($0.00).
See full chart, check forecasting details, or see the AI grade breakdown to explore what's driving this stock's movement on the AMEX.
Stay informed and make better investment decisions.
QID (AMEX) Technical Signals
Trading over 50-day moving average ($14.42)
Trading below 200-day moving average ($18.75)
Price Forecast
1 Month
$13.00
1 Year
$4.92
3 Years
N/A
5 Years
N/A
Is this change significant?
5-Day:+2.09%
1-Month:+7.42%
3-Month:-8.59%
What's next?
Next earnings date: 7/30/2025