PROSHARES ULTRA QQQ (QLD) Stock Technical Analysis
NYSEARCA:QLD - NYSE Arca - US74347R2067 - ETF - Currency: USD
We assign a technical rating of 2 out of 10 to QLD. In the past year, QLD was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
61% of all other stocks performed better in the past year than QLD.
In the last month QLD has a been trading in the 69.10 - 94.34 range, which is quite wide. It is currently trading near the high of this range.
QLD has an average volume of 5561690 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
QLD is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.
QLD has a poor technical rating and the quality of the setup is also not perfect at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
72.22
121.45
3 important support areas can be observed.
- A support zone ranging from 89.42 to 91.41. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @80.59 from a trend line in the daily time frame.
- Support @72.95 from a trend line in the weekly time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 92.04 to 93.54. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @116.88 from a horizontal line in the weekly time frame.
- Resistance @120.25 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS39.71
Mansfield-0.72
10 Day High94.34
10 Day Low81.6
20 Day High94.34
20 Day Low69.1
52 Week High120.68
52 Week Low64.72
Performance
1 Week3.21%
2 Weeks12.78%
1 Month31.84%
3 Month-18.48%
6 Month-17.34%
12 Month6.59%
2 Year59.49%
3 Year80.42%
5 Year178.15%
10 Year848.59%
15 Year4962.19%
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)1.66
RSI(14)55.97
LBB74.22
UBB98.2
91.42
+0.68 (+0.75%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.75%
1 Week3.21%
2 Weeks12.78%
1 Month31.84%
3 Month-18.48%
6 Month-17.34%
12 Month6.59%
2 Year59.49%
3 Year80.42%
5 Year178.15%
10 Year848.59%
15 Year4962.19%
Volatility
ATR(14)3.89
ATR(20)%5.62%
ATR Inc-22.85%
Range Today3.38
ADR(20)4.35
ADR(20)%4.75%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS39.71
Mansfield-0.72
10 Day High94.34
10 Day Low81.6
20 Day High94.34
20 Day Low69.1
52 Week High120.68
52 Week Low64.72
CS1 End91.41
CR1 Start92.04
Volume & EV
DER(3)0.79%
DER(5)2.18%
Volume4.71M
Volume Incr-27.56%
Vol(5)4.68M
Vol(50)5.56M