SQQQ ProShares - UltraPro Short QQQ
ProShares - UltraPro Short QQQ (SQQQ) trend channel, buy level and 3-month target on Trade The Path. Sector: Financial Services. Listed on NASDAQ. Levels below are fitted to this ticker's own swing highs and lows (TheilβSen, log-price), then projected 3 months. If this ticker has no settled sample yet, treat the numbers as a geometric read, not a track record. Information only, not financial advice.
Broken out above
Price has closed above the channel. The fitted trend may no longer describe this stock.
Read from the last 2 years of history we hold: falling, drifting β55% a year. Price is above both fitted ceilings, so there is no line overhead to break β and no fitted resistance to price the target against either. What would overturn this: a close below US$29.77 β the floor of the channel being read β after which the trend, not the entry, is what was wrong.
- 2 years read from
- US$29.77 β US$36.65 Falling channel, β55% a year
- Position in that channel
- 157% above the ceiling of it β 0% is the floor, 100% the ceiling
Price history, with the path projected 3 months forward
- 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 today because its projected path only reaches 0.0% above the entry within 90 days, under the 6.0% floor a call has to clear to be worth making. No alerts are sent. The buy and target below are still this site's read of the fitted channel.
Buy at or below
US$22.20
level as at 17 Sept 2026
Our target
US$29.50
by 16 Dec 2026
Projected move
32.9%
gross, before costs
Price is at or through our target.
- Upper line touches
- 2
- Lower line touches
- 3
- Fit confidence
- 30%
- Fitted
- 8 Sept 2026
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 pillar scores, computed from the fundamentals below. They are not Morningstar ratings β that data is licensed and we do not redistribute it.
- Valuation
- β
- Profitability
- β
- Financial health
- β
- Cash generation
- β
Key statistics
- Market cap
- US$1.84B
- Enterprise value
- β
- Beta
- -3.45
- Avg volume
- 58.75M
- Revenue per share
- β
- Dividend yield
- β
- 52-week range
- 35.72-90.72
- Exchange
- NASDAQ
Key ratios
- P/E (TTM)
- β
- PEG
- β
- Price / sales
- β
- Price / book
- β
- EV / EBITDA
- β
- Gross margin
- β
- Operating margin
- β
- Net margin
- β
- Current ratio
- β
- Quick ratio
- β
- Debt / equity
- β
- Interest cover
- β
Income statement
Balance sheet
Cash flow
Trend lines are fitted statistically to past swing highs and lows and projected forward on the assumption the same rhythm continues. It often does not. This is information, not advice.