SQQQ ProShares - UltraPro Short QQQ
Trend channel, buy level and 3-month target. Information only, not financial advice.
Above the channel · 9-month channel falling
Closed above resistance (US$33.52). The fitted trend may no longer apply.
- 9-month channel read from
- US$29.36 – US$33.52 · falling, −66% a year
- 12-month channel
- US$29.68 – US$33.68 · falling, −54% a year
- Price in channel
- 299% (0% = floor, 100% = ceiling)
- Ceiling overhead
- none — above both ceilings
- Turns bearish below
- US$29.36
Price history, with the path projected 3 months forward
Updated 5:44 AM ET (5 h ago)
- Daily close
- Upper trend line (9 months)
- Lower trend line (9 months)
- The same lines over the last 12 months
- Dashed after today: projected 3 months
- Our buy
- Our target
Our target
No published call: price has closed 24.1% 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$29.34
level as at 1 Nov 2026
Our target
US$33.50
by 2 Nov 2026
Projected move
14.2%
gross, before costs
Price is at or past our target.
- Upper line touches
- 2
- Lower line touches
- 2
- Fit confidence
- 57%
- Fitted
- 1 Nov 2026
Company information
About ProShares - UltraPro Short QQQ
This ProShares fund is designed to provide daily returns that are three times the opposite (or inverse) of the Nasdaq-100 Index's daily movement, calculated before deducting any fees and expenses.
- Sector
- Financial Services
- Industry
- Asset Management - Leveraged
- Country
- US
https://www.proshares.com/our-etfs/leveraged-and-inverse/sqqq
Scorecard
Our own scores from the fundamentals below (not Morningstar ratings).
- Valuation
- —
- Profitability
- —
- Financial health
- —
- Cash generation
- —
Key statistics
- Market cap
- US$1.84B
- Enterprise value
- —
- Beta
- -3.45
- Avg volume
- 58.75M
- Revenue per share
- —
- Dividend yield
- —
- 52-week range
- 35.72-90.72
- Exchange
- NASDAQ
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.