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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
$42.79
$4.91(10.29%)
U.S. Market opens in 15h 53m

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 bullish trend on the NASDAQ, supported by momentum and strong buying pressure.

Overall Sentiment:Buy
Momentum:Neutral to Bullish (RSI: 56.00)
Trend Strength:Strong (ADX: 32.56)
Volatility:High (ATR: 2.81)
Support/Resistance:$31.93 – $47.58 (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): 56.00

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 78.30

Bullish
Buying momentum building without extremes.

Williams %R: -50.29

Neutral
Balanced market without strong signals.

Rate of Change (ROC): 13.59

Strongly Bullish
Strong upside momentum.

Takeaway:ProShares - UltraPro Short QQQ shows steady upward momentum, supported by improving signals.

Trend & Volatility

MACD: 2.45

Bullish
Bullish, trend momentum is strengthening.

ADX: 32.56

Strong
Strong trend, momentum well established.

ATR (14): 2.81

Medium
Medium volatility, healthy price movement.

CCI (14): 66.27

Bullish
Bullish, momentum building upward.

Takeaway:ProShares - UltraPro Short QQQ shows strong upward trend with solid momentum and healthy volatility.

Support & Resistance indicators
Bollinger Bands
Upper Band
$47.58
Middle Band (SMA 20)
$39.76
Lower Band
$31.93
Current Position
Within Bands

Takeaway:ProShares - UltraPro Short QQQ trades closer to resistance, supported by stronger momentum within bands.

Keltner Channels
Upper Channel
$46.25
Middle Line (EMA 20)
$40.62
Lower Channel
$35.00
Squeeze Status
No Squeeze

Takeaway:ProShares - UltraPro Short QQQ trades above the trend line, showing healthy momentum within the channel.

Volume & Money Flow Analysis
On-Balance Volume22.47M
Money Flow Index53.67Neutral, balanced money flows with no clear signal.
Relative Vigor Index34.90Bearish, price momentum favors sellers.

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

RSI above 50 → positive momentum from buyers.

MACD above 0 → bullish trend confirmation.

ADX above 20 → strong underlying trend.

Price trading above middle Bollinger Band → mid-term support intact.

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

Bearish Signals

RVI below 50 → vigor tilted toward sellers.

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

(NASDAQ: SQQQ) Technical Analysis FAQ