PROSHARES ULTRASHORT TOP QQQ (QQDN) Stock Technical Analysis
USA - NASDAQ:QQDN - US74349Y6885 - ETF
27.3165 USD
-0.32 (-1.15%)
Taking everything into account, QQDN scores 1 out of 10 in our technical rating. 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.
Warning: QQDN has an average volume of 1042 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
In the last month QQDN has a been trading in the 26.60 - 28.54 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
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.
Although the technical rating is bad, QQDN does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. 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
26.33
29.38
We found 1 important support area.
- Support @26.60 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 27.37 to 27.89. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 28.55 to 29.09. 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) | 44.42 | NEUTRAL | The RSI value for QQDN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.16 | POSITIVE | The MACD value suggests QQDN has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 47.58 | NEUTRAL | The Stochastics value for QQDN is a neutral value. |
| Average True Range in percent/ATR (20) | 1.96 | LOW VOLATILITY | The low ATR as a percentage value for QQDN suggests low volalility. |
| Average Directional Index/ADX (14) | 22.37 | 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 (10/17/2025, 8:00:01 PM)
27.3165
-0.32 (-1.15%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-1.15%
1 Week-4.28%
2 Weeks0%
1 Month0%
3 Month-20.17%
6 MonthN/A
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.59
ATR(20)%1.96%
ATR Inc-10.17%
Range Today0.33
ADR(20)0.3
ADR(20)%1.09%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0
Mansfield-30
10 Day High28.54
10 Day Low26.6
20 Day High28.54
20 Day Low26.6
52 Week HighN/A
52 Week LowN/A
CS1 End26.6
CR1 Start27.37
Volume & EV
DER(3)6.78%
DER(5)8.25%
Volume7.70K
Volume Incr260.33%
Vol(5)2.18K
Vol(50)1.04K