PROSHARES ULTRAPRO SHORT QQQ (SQQQ)
US74347G4322 - ETF
Overall SQQQ gets a technical rating of 4 out of 10. In the past year, SQQQ was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
When comparing the yearly performance of all stocks, SQQQ is a bad performer in the overall market: 90% 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. The S&P500 Index is trading in the upper part of its 52 week range, so SQQQ is lagging the market.
SQQQ has an average volume of 142984000 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long term trend is still negative, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
In the last month SQQQ has a been trading in the 10.23 - 12.99 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
SQQQ 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.
More info and screens
10.17
12.98
2 important support areas can be observed.
- Support @10.49 from a horizontal line in the daily time frame.
- A support zone ranging from 10.27 to 10.28. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 12.58 to 12.85. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS10.54
Mansfield-3.76
10 Day High12.99
10 Day Low10.33
20 Day High12.99
20 Day Low10.23
52 Week High31.09
52 Week Low10.05
Performance
1 Week-0.42%
2 Weeks8.35%
1 Month12.69%
3 Month-3.12%
6 Month-48.09%
12 Month-59.22%
2 Year-75.91%
3 Year-78.31%
5 Year-98.64%
10 Year-99.95%
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0.14
RSI(14)55.74
LBB9.99
UBB12.88
PROSHARES ULTRAPRO SHORT QQQ
NASDAQ:SQQQ (4/24/2024, 7:00:00 PM)
Premarket: 12.16 +0.35 (+2.96%)11.81
-0.1 (-0.84%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.84%
1 Week-0.42%
2 Weeks8.35%
1 Month12.69%
3 Month-3.12%
6 Month-48.09%
12 Month-59.22%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.57
ATR(20)%4.45%
ATR Inc
Range Today0.47
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High12.99
10 Day Low10.33
20 Day High12.99
20 Day Low10.23
52 Week High31.09
52 Week Low10.05
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume148.22M
Volume Incr22.7%
Vol(5)167.42M
Vol(50)142.98M