BETAPRO -3X NSDQ-100 DLB ALT (SQQQ.CA) Stock Technical Analysis
Canada - Toronto Stock Exchange - TSX:SQQQ - CA0869041099 - ETF
Taking everything into account, SQQQ scores 1 out of 10 in our technical rating. SQQQ performed below average in the overall market. Although the medium term picture in unclear, the short term picture is clearly negative.
The technical rating of SQQQ is bad and it also does not present a 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.
More info and screens
12.23
We found 1 important support area.
- Support @12.35 from a horizontal line in the weekly time frame.
We can see 4 important resistance areas.
- A resistance zone ranging from 12.50 to 12.74. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 13.36 to 13.41. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @14.74 from a trend line in the daily time frame.
- Resistance @15.05 from a horizontal line in the daily time frame.
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 SQQQ.CA is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for SQQQ.CA is down. |
| ChartMill Relative Strength | 0 | NEGATIVE | SQQQ.CA 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 SQQQ.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of SQQQ.CA is below a declining SMA(50). |
| Relative Strength Index/RSI (14) | 40.73 | NEUTRAL | The RSI value for SQQQ.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.11 | NEGATIVE | The MACD value suggests SQQQ.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 7.22 | OVERSOLD | The low Stochastics value suggests SQQQ.CA may be oversold. |
| Average True Range in percent/ATR (20) | 5.57 | HIGH VOLATILITY | The high ATR as a percentage value for SQQQ.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 11.14 | NEGATIVE | The low ADX value for SQQQ.CA suggests a weak or negative trend. |
TSX:SQQQ (12/10/2025, 7:00:00 PM)
12.37
-0.19 (-1.51%)
BETAPRO -3X NSDQ-100 DLB ALT / SQQQ.CA FAQ
What is the ChartMill technical rating of BETAPRO -3X NSDQ-100 DLB ALT (SQQQ.CA) stock?
ChartMill assigns a technical rating of 1 / 10 to SQQQ.CA.
What is the current trend direction of BETAPRO -3X NSDQ-100 DLB ALT (SQQQ.CA) stock?
The current trend direction for BETAPRO -3X NSDQ-100 DLB ALT (SQQQ.CA) is Bullish.
What is the RSI signal for BETAPRO -3X NSDQ-100 DLB ALT (SQQQ.CA) stock?
BETAPRO -3X NSDQ-100 DLB ALT (SQQQ.CA) has an RSI value of 40.7272. This indicates that the stock is currently neutral.
What is the short term momentum for SQQQ stock?
The short term momentum for BETAPRO -3X NSDQ-100 DLB ALT (SQQQ.CA) is negative.
What is the support and resistance level for SQQQ stock?
BETAPRO -3X NSDQ-100 DLB ALT (SQQQ.CA) has a support level at 12.35 and a resistance level at 12.5. Check the full technical report for our detailed analysis of SQQQ.CA support and resistance levels.