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ProShares - UltraPro Short QQQ

SQQQ Technical Analysis Summary (NASDAQ)

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

SQQQ●NASDAQ
Financial ServicesAsset Management - Leveraged
$36.24
$0.20(0.55%)
U.S. Market opens in 49h 36m

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

SQQQ Technical Analysis Summary (NASDAQ)

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

Overall Sentiment:Neutral
Momentum:Neutral to Bearish (RSI: 40.03)
Trend Strength:Weak (ADX: 15.98)
Volatility:High (ATR: 2.20)
Support/Resistance:$33.49 – $48.52 (Bollinger Bands)

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

Momentum Indicators

RSI (14): 40.03

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 3.94

Bullish
Oversold zone signals rebound potential.

Williams %R: -96.45

Bullish
Oversold zone suggests rebound potential.

Rate of Change (ROC): -19.88

Strongly Bearish
Sharp downside momentum.

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

Trend & Volatility

MACD: -1.17

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 15.98

Weak
Weak trend, market trading sideways.

ATR (14): 2.20

Medium
Medium volatility, healthy price movement.

CCI (14): -76.50

Bearish
Bearish, momentum remains under pressure.

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

Support & Resistance indicators
Bollinger Bands
Upper Band
$48.52
Middle Band (SMA 20)
$41.00
Lower Band
$33.49
Current Position
Within Bands

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

Keltner Channels
Upper Channel
$43.86
Middle Line (EMA 20)
$39.46
Lower Channel
$35.07
Squeeze Status
No Squeeze

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

Volume & Money Flow Analysis
On-Balance Volume124.28M
Money Flow Index27.82Bearish, selling pressure outweighs inflows.
Relative Vigor Index54.88Neutral to Bullish, buyers hold a slight edge.

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

Technical Trading Signals Summary
Based on the current technical analysis of ProShares - UltraPro Short QQQ (NASDAQ: SQQQ), 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 - UltraPro Short QQQ are mixed, suggesting a Hold or wait-and-see approach.

(NASDAQ: SQQQ) Technical Analysis FAQ