LS -5X SHORT NASDAQ 100 ETP (SQQQ.AS) Stock Technical Analysis
Europe - Euronext Amsterdam - AMS:SQQQ - XS2399364319 - ETF
We assign a technical rating of 0 out of 10 to SQQQ. SQQQ scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- When comparing the yearly performance of all stocks, SQQQ is a bad performer in the overall market: 99% of all stocks are doing better.
- SQQQ is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
- In the last month SQQQ has a been trading in the 0.11 - 0.13 range, which is quite wide. It is currently trading near the lows of this range.
Although the technical rating is bad, SQQQ does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 0.12. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 0.11, a Stop Loss order could be placed below this zone.
More info and screens
0.11
When analyzing the support we notice one important area.
- A support zone ranging from 0.11 to 0.11. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 0.12 to 0.12. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 0.16 to 0.16. This zone is formed by a combination of multiple trend lines 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 | DOWN | NEGATIVE | The long term trend for SQQQ.AS is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for SQQQ.AS is down. |
| ChartMill Relative Strength | 1.57 | NEGATIVE | SQQQ.AS has a low relative strength, it was outperformed by 98.43% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SQQQ.AS is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of SQQQ.AS is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of SQQQ.AS is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 47.2 | NEUTRAL | The RSI value for SQQQ.AS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests SQQQ.AS has a positive trend. |
| Stochastics (14,3) | 53.17 | NEUTRAL | The Stochastics value for SQQQ.AS is a neutral value. |
| Average True Range in percent/ATR (20) | 4.07 | MEDIUM VOLATILITY | The ATR as a percentage value for SQQQ.AS suggests some volalility. |
| Average Directional Index/ADX (14) | 5.68 | NEGATIVE | The low ADX value for SQQQ.AS suggests a weak or negative trend. |
AMS:SQQQ (1/16/2026, 7:00:00 PM)
0.1129
+0 (+3.86%)
LS -5X SHORT NASDAQ 100 ETP / SQQQ.AS FAQ
What is the ChartMill technical rating of LS -5X SHORT NASDAQ 100 ETP (SQQQ.AS) stock?
ChartMill assigns a technical rating of 0 / 10 to SQQQ.AS.
What is the trend direction for SQQQ stock?
The current trend direction for LS -5X SHORT NASDAQ 100 ETP (SQQQ.AS) is Bearish.
What is the RSI signal for LS -5X SHORT NASDAQ 100 ETP (SQQQ.AS) stock?
LS -5X SHORT NASDAQ 100 ETP (SQQQ.AS) has an RSI value of 47.2046. This indicates that the stock is currently neutral.
What is the buy/sell signal for LS -5X SHORT NASDAQ 100 ETP (SQQQ.AS) stock?
The buy/sell signal for LS -5X SHORT NASDAQ 100 ETP (SQQQ.AS) is sell as both the short term and long term trends are negative.
Can you provide the support and resistance levels for LS -5X SHORT NASDAQ 100 ETP?
LS -5X SHORT NASDAQ 100 ETP (SQQQ.AS) has a support level at 0.11 and a resistance level at 0.12. Check the full technical report for our detailed analysis of SQQQ.AS support and resistance levels.