Munafa technical analysis ProShares UltraPro Short QQQ SQQQ technical analysis buy or sell

Munafa technical analysis ProShares UltraPro Short QQQ SQQQ technical analysis buy or sell Analysis of ProShares UltraPro Short QQQ SQQQ to buy or sell for Daily, weekly or monthly

Quick Chart Bull Charts Forecast Tomorrow Price Targets View Analysis

Date	Close	Open	High	Low
24 Thu Apr	32.72	35.25	35.40	32.63
22 Tue Apr	38.28	39.90	40.26	37.40
21 Mon Apr	41.49	40.21	42.88	39.97
17 Thu Apr	38.64	37.88	39.36	37.70
16 Wed Apr	38.54	37.44	40.04	36.60

Stock of ProShares UltraPro Short QQQ closed at 32.72 and it opened at 35.25
It moved inside a range of 32.63 and 35.40

52 week High is 57.80 and 52 week Low is 6.61
Financial Year High is 57.80 and Low is 32.63
This year High is 57.80 and Low is 26.21

ProShares UltraPro Short QQQ SQQQ Daily Analysis to buy or sell

As per my analysis of ProShares UltraPro Short QQQ SQQQ, 12 day returns for ProShares UltraPro Short QQQ SQQQ have been negative, with total returns of -5.82, which is -15.1% with investment starting at 38.54.
An investment of 100,000 bucks in ProShares UltraPro Short QQQ would have become 84900 bucks today.

ProShares UltraPro Short QQQ SQQQ moves in a range of 1.2 points on a day to day basis. This means that a total of approx 1.2 plus points of returns can be expected in a bullish day, and a total of 1.2 minus points can be expected in a bearish day.
This is about 3.67% of returns per day.

ProShares UltraPro Short QQQ Munafa analysis, looking for Trend and BUY or SELL opportunities.

Stock is in a downtrend for shortterm, and I will avoid taking a BUY or a LONG trade in this stock. Look for opportunities to sell or SHORT ProShares UltraPro Short QQQ SQQQ at this time.

It appears as if ProShares UltraPro Short QQQ SQQQ gave a large move recently.

Stock of ProShares UltraPro Short QQQ (SQQQ) is trading below an important moving average line, but it crossed this line recently, which means that it could show a small or a large recovery soon enough depending on its trend.

My analysis of ProShares UltraPro Short QQQ is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if ProShares UltraPro Short QQQ stays below 34.4, but if it comes above 34.4, then a intra day buy could be more profitable.
If you take a sell trade below 34.4, then use 34.4 as stoploss and 28.1 as target. However if you take a buy trade in ProShares UltraPro Short QQQ, then use 34.4 as stoploss and 39.62 as target.

You can find more Price Targets here or Forecast here for Shortterm, Midterm, and Longterm

Daily Candle Stick analysis of ProShares UltraPro Short QQQ SQQQ

Candle stick analysis of ProShares UltraPro Short QQQ as on 24 Thu Apr 2025 is showing a red candle, which means that the sellers are dominating this session.

Candle stick ratios of ProShares UltraPro Short QQQ are:
HL: 8.5 HC: 8.2 LC: 0.3 OC: 0.4

ProShares UltraPro Short QQQ is moving towards a low expiry

ProShares UltraPro Short QQQ is forming a DOJI candle

Candle stick analysis of ProShares UltraPro Short QQQ as on 22 Tue Apr 2025 is showing a red candle, which means that the sellers are dominating this session.

Candle stick ratios of ProShares UltraPro Short QQQ are:
HL: 7.7 HC: 5.2 LC: 2.4 OC: 0.9

ProShares UltraPro Short QQQ is moving towards a low expiry

Candle stick analysis of ProShares UltraPro Short QQQ as on 21 Mon Apr 2025 is showing a green candle, which means that the buyers are dominating this session.

Candle stick ratios of ProShares UltraPro Short QQQ are:
HL: 7.3 HC: 3.4 LC: 3.8 OC: 6.6

ProShares UltraPro Short QQQ is moving towards a high expiry

Candle stick analysis of ProShares UltraPro Short QQQ as on 17 Thu Apr 2025 is showing a green candle, which means that the buyers are dominating this session.

Candle stick ratios of ProShares UltraPro Short QQQ are:
HL: 4.4 HC: 1.9 LC: 2.5 OC: 3.9

ProShares UltraPro Short QQQ is moving towards a high expiry

Candle stick analysis of ProShares UltraPro Short QQQ as on 16 Wed Apr 2025 is showing a green candle, which means that the buyers are dominating this session.

Candle stick ratios of ProShares UltraPro Short QQQ are:
HL: 9.4 HC: 3.9 LC: 5.3 OC: 6.9

ProShares UltraPro Short QQQ is moving towards a high expiry

ProShares UltraPro Short QQQ SQQQ Weekly Analysis to buy or sell

As per my analysis of ProShares UltraPro Short QQQ SQQQ, 12 week returns for ProShares UltraPro Short QQQ SQQQ have been negative, with total returns of -17.64, which is -35.03% with investment starting at 50.36.
An investment of 100,000 bucks in ProShares UltraPro Short QQQ would have become 64970 bucks today.

ProShares UltraPro Short QQQ SQQQ moves in a range of 4.5 points on a week to week basis. This means that a total of approx 4.5 plus points of returns can be expected in a bullish week, and a total of 4.5 minus points can be expected in a bearish week.
This is about 13.75% of returns per week.

Weekly Candle Stick analysis of ProShares UltraPro Short QQQ SQQQ

Candle stick analysis of ProShares UltraPro Short QQQ as on 24 Thu Apr 2025 is showing a red candle, which means that the sellers are dominating this session.

Candle stick ratios of ProShares UltraPro Short QQQ are:
HL: 31.4 HC: 31.1 LC: 0.3 OC: 6.6

ProShares UltraPro Short QQQ is moving towards a low expiry

Candle stick analysis of ProShares UltraPro Short QQQ as on 17 Thu Apr 2025 is showing a green candle, which means that the buyers are dominating this session.

Candle stick ratios of ProShares UltraPro Short QQQ are:
HL: 9.4 HC: 3.6 LC: 5.6 OC: 6.9