ProShares Short QQQ (PSQ, $26.36) entered Downtrend as Momentum indicator drops below 0 level on Aug 03, 2026

@Trading, #TechnicalAnalysis, #Momentum, #Bearish, #ETFs
PSQ - ProShares Short QQQ
Momentum signal
Bearish Trend
85%
Odds of DOWN Trend
Price: $26.36
Daily change: -$0.47 (-1.75%)
Daily volume: 11.7M
Net Assets: $758.7M

This indicator may be signaling that PSQ's price has further to drop, since it fell below its price logged 14 days ago. Traders may consider selling the stock, shorting the stock, or exploring put options. A.I.dvisor backtested 84 similar cases where PSQ's Momentum Indicator fell below the 0 level, and 71 of them led to a successful outcome. Odds of Success: 85%.