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QID
AS OF
May 6 closing price
Price
$45.70
Change
-$1.03 (-2.20%)
Net Assets
289.71M
OUR PRODUCTS
MOBILE APPS
GENERAL INFO
© 2013-2024 All rights reserved. Tickeron Inc.

ProShares UltraShort QQQ (QID, $48.66) entered Downtrend as Momentum indicator drops below 0 level on May 02, 2024

GET DAILY SIGNALS
A.I.dvisor
at Tickeron.com
05/03/24
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QID - ProShares UltraShort QQQ
Momentum signal
Bearish Trend
Odds of DOWN Trend
Momentum signal
Price: $48.66
Daily change: -$1.24 (-2.48%)
Daily volume: 3.9M
Net Assets: $281.7M
This indicator may be signaling that QID'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 71 similar cases where QID's Momentum Indicator fell below the 0 level, and of them led to a successful outcome. Odds of Success:
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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