PROSHARES ULTRASHORT TOP QQQ (QQDN) Stock Technical Analysis
USA - NASDAQ:QQDN - US74349Y6885 - ETF
26.7631 USD
+0.15 (+0.55%)
We assign a technical rating of 1 out of 10 to QQDN. QQDN performed below average in the overall market. Although the medium term picture in unclear, the short term picture is clearly negative.
100% of all other stocks performed better in the past year than QQDN.
In the last month QQDN has a been trading in the 26.56 - 28.54 range, which is quite wide. It is currently trading near the lows of this range.
Warning: QQDN has an average volume of 1002 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
Volume is considerably higher in the last couple of days.
QQDN has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 26.75, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for QQDN in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
26.32
29.21
When analyzing the support we notice one important area.
- A support zone ranging from 26.59 to 26.75. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 27.27 to 27.67. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 28.53 to 28.92. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
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 QQDN is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for QQDN is down. |
| ChartMill Relative Strength | 0 | NEGATIVE | QQDN has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of QQDN is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of QQDN is below a declining SMA(50). |
| Relative Strength Index/RSI (14) | 41.22 | NEUTRAL | The RSI value for QQDN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.07 | POSITIVE | The MACD value suggests QQDN has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 16.69 | OVERSOLD | The low Stochastics value suggests QQDN may be oversold. |
| Average True Range in percent/ATR (20) | 1.94 | LOW VOLATILITY | The low ATR as a percentage value for QQDN suggests low volalility. |
| Average Directional Index/ADX (14) | 20.76 | NEUTRAL | The ADX value for QQDN suggests a possible start of a new trend. |
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)
NASDAQ:QQDN (10/21/2025, 8:00:02 PM)
26.7631
+0.15 (+0.55%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.55%
1 Week-3.97%
2 Weeks-1.89%
1 Month-3.05%
3 Month-19.94%
6 MonthN/A
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.6
ATR(20)%1.94%
ATR Inc-22.93%
Range Today0
ADR(20)0.28
ADR(20)%1.03%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0
3 months CRS9.26
6 months CRSN/A
Mansfield-30
10 Day High28.54
10 Day Low26.56
20 Day High28.54
20 Day Low26.56
52 Week HighN/A
52 Week LowN/A
CS1 End26.75
CR1 Start27.27
Volume & EV
DER(3)-4.33%
DER(5)4.07%
Volume200
Volume Incr223.53%
Vol(5)2.20K
Vol(50)1.00K