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QID
ETF ticker: NYSE ARCA
AS OF
Apr 25 closing price
Price
$34.72
Change
-$0.77 (-2.17%)
Net Assets
258.39M

QID ProShares UltraShort QQQ Forecast, Technical & Fundamental Analysis

The investment seeks daily investment results, before fees and expenses, that correspond to two times the inverse (-2x) of the daily performance of the NASDAQ-100 Index®... Show more

Category: #Trading
QID
Daily Signalchanged days ago
Gain/Loss if bought
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A.I.Advisor
a Summary for QID with price predictions
Apr 25, 2025

QID's RSI Oscillator peaks and leaves overbought zone

The 10-day RSI Oscillator for QID moved out of overbought territory on April 09, 2025. This could be a sign that the stock is shifting from an upward trend to a downward trend. Traders may want to look at selling the stock or buying put options. Tickeron's A.I.dvisor looked at 23 instances where the indicator moved out of the overbought zone. In of the 23 cases the stock moved lower in the days that followed. This puts the odds of a move down at .

Price Prediction Chart

Technical Analysis (Indicators)

Bearish Trend Analysis

The Momentum Indicator moved below the 0 level on April 17, 2025. You may want to consider selling the stock, shorting the stock, or exploring put options on QID as a result. In of 77 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .

The Moving Average Convergence Divergence Histogram (MACD) for QID 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 43 similar instances when the indicator turned negative. In of the 43 cases the stock turned lower in the days that followed. This puts the odds of success at .

QID moved below its 50-day moving average on April 24, 2025 date and that indicates a change from an upward trend to a downward trend.

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

QID 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 demonstrated that the ticker has stayed in the oversold zone for 2 days, which means it's wise to expect a price bounce in the near future.

The 50-day moving average for QID moved above the 200-day moving average on April 14, 2025. This could be a long-term bullish signal for the stock as the stock shifts to an upward trend.

Following a +2 3-day Advance, the price is estimated to grow further. Considering data from situations where QID advanced for three days, in of 245 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 108 cases where QID Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .

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QID
Daily Signalchanged days ago
Gain/Loss if bought
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A.I. Advisor
published General Information

General Information

Category Trading

Profile
Fundamentals
Details
Category
Trading--Inverse Equity
Address
ProShares Trust7501 Wisconsin Avenue,Suite 1000Bethesda
Phone
N/A
Web
www.proshares.com
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QID and ETFs

Correlation & Price change

A.I.dvisor indicates that over the last year, QID has been closely correlated with SQQQ. These tickers have moved in lockstep 100% of the time. This A.I.-generated data suggests there is a high statistical probability that if QID jumps, then SQQQ could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To QID
1D Price
Change %
QID100%
-2.17%
SQQQ - QID
100%
Closely correlated
-3.27%
PSQ - QID
99%
Closely correlated
-1.05%
SPXU - QID
97%
Closely correlated
-2.12%
SH - QID
97%
Closely correlated
-0.67%
SDS - QID
95%
Closely correlated
-1.40%
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