We assign a technical rating of 6 out of 10 to QLD. Although QLD is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
QLD has an average technical rating and it also does not offer a high quality setup 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.
63.77
When analyzing the support we can see 3 important areas.
We can see 2 important resistance areas.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for QLD is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for QLD is neutral. |
| ChartMill Relative Strength | 79.93 | POSITIVE | QLD has a high relative strength, it outperformed 79.93% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of QLD is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of QLD is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of QLD is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 51.09 | NEUTRAL | The RSI value for QLD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.29 | NEGATIVE | The MACD value suggests QLD has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 28.47 | NEUTRAL | The Stochastics value for QLD is a neutral value. |
| Average True Range in percent/ATR (20) | 2.93 | MEDIUM VOLATILITY | The ATR as a percentage value for QLD suggests some volalility. |
| Average Directional Index/ADX (14) | 14.77 | NEGATIVE | The low ADX value for QLD suggests a weak or negative trend. |
NYSEARCA:QLD (12/22/2025, 3:48:52 PM)
71.66
+0.61 (+0.86%)
ChartMill assigns a technical rating of 6 / 10 to QLD.
The current trend direction for PROSHARES ULTRA QQQ (QLD) is Bullish.
PROSHARES ULTRA QQQ (QLD) has an RSI value of 51.0895. This indicates that the stock is currently neutral.
The MACD indicator for PROSHARES ULTRA QQQ (QLD) has a value of -0.294255, indicating a bearish trend.
PROSHARES ULTRA QQQ (QLD) has a support level at 71.03 and a resistance level at 74.74. Check the full technical report for our detailed analysis of QLD support and resistance levels.