PSQ Stock ProShares Short QQQ (PSQ, $42.04) entered Downtrend as Momentum indicator drops below 0 level on Apr 17, 2025

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PSQ - ProShares Short QQQ

Momentum signal

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Odds of DOWN Trend

Price: $42.04

Daily change: +$0.05 (+0.12%)

Daily volume: 6.1M

Net Assets: $626.7M

Momentum Indicator for PSQ turns negative, indicating new downward trend

PSQ saw its Momentum Indicator move below the 0 level on April 17, 2025. This is an indication that the stock could be shifting in to a new downward move. Traders may want to consider selling the stock or exploring put options. Tickeron's A.I.dvisor looked at 75 similar instances where the indicator turned negative. In of the 75 cases, the stock moved further down in the following days. The odds of a decline are at .

Technical Analysis (Indicators)

Bearish Trend Analysis

The 10-day RSI Indicator for PSQ moved out of overbought territory on April 09, 2025. This could be a bearish sign for the stock. Traders may want to consider selling the stock or buying put options. Tickeron's A.I.dvisor looked at 23 similar instances where the indicator moved out of overbought territory. In of the 23 cases, the stock moved lower in the following days. This puts the odds of a move lower at .

The Moving Average Convergence Divergence Histogram (MACD) for PSQ turned negative on April 11, 2025. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 48 similar instances when the indicator turned negative. In of the 48 cases the stock turned lower in the days that followed. This puts the odds of success at .

Following a 3-day decline, the stock is projected to fall further. Considering past instances where PSQ declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

PSQ broke above its upper Bollinger Band on April 03, 2025. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.

Bullish Trend Analysis

The Stochastic Oscillator suggests the stock price trend may be in a reversal from a downward trend to an upward trend. of 65 cases where PSQ's Stochastic Oscillator exited the oversold zone resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .

The 50-day moving average for PSQ moved above the 200-day moving average on April 07, 2025. This could be a long-term bullish signal for the stock as the stock shifts to an upward trend.

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where PSQ advanced for three days, in of 236 cases, the price rose further within the following month. The odds of a continued upward trend are .

The Aroon Indicator entered an Uptrend today. In of 112 cases where PSQ Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .