QID ProShares - UltraShort QQQ
Trend channel, buy level and 3-month target. Information only, not financial advice.
Above the channel · 2-year channel falling
Closed above resistance (US$12.85). The fitted trend may no longer apply.
- 2-year channel
- US$10.97 – US$12.85 · falling, −37% a year
- Price in channel
- 219% (0% = floor, 100% = ceiling)
- Ceiling overhead
- none — above both ceilings
- Turns bearish below
- US$10.97
Price history, with the path projected 3 months forward
Updated 9:18 PM ET (39 h ago)
- Daily close
- Upper trend line (2 years)
- Lower trend line (2 years)
- Dashed after today: projected 3 months
- Our buy
- Our target
Our target
No published call: price has closed 16.9% clear above the channel, so the fitted lines no longer describe where it is Levels below are for reference only.
Buy at or below
US$10.97
level as at 1 Nov 2026
Our target
US$12.85
by 2 Nov 2026
Projected move
17.1%
gross, before costs
Price is at or past our target.
- Upper line touches
- 3
- Lower line touches
- 4
- Fit confidence
- 30%
- Fitted
- 1 Nov 2026
Company information
About ProShares - UltraShort QQQ
The ProShares UltraShort QQQ aims to deliver daily investment results, gross of all fees and expenses, that are two times the opposite of the Nasdaq-100 Index's daily performance.
- Sector
- Financial Services
- Industry
- Asset Management - Leveraged
- Country
- US
https://www.proshares.com/our-etfs/leveraged-and-inverse/qid
Scorecard
Our own scores from the fundamentals below (not Morningstar ratings).
- Valuation
- —
- Profitability
- —
- Financial health
- —
- Cash generation
- —
Key statistics
- Market cap
- US$244.43M
- Enterprise value
- —
- Beta
- -2.33
- Avg volume
- 28.03M
- Revenue per share
- —
- Dividend yield
- —
- 52-week range
- 12.41-24.53
- Exchange
- AMEX
Key ratios
- P/E (TTM)
- —
- PEG
- —
- Price / sales
- —
- Price / book
- —
- EV / EBITDA
- —
- Gross margin
- —
- Operating margin
- —
- Net margin
- —
- Current ratio
- —
- Quick ratio
- —
- Debt / equity
- —
- Interest cover
- —
Income statement
Balance sheet
Cash flow
Trend lines are fitted to past swing highs and lows and may not continue. Information only, not financial advice.