SQQQ ProShares - UltraPro Short QQQ

ETF NASDAQ Financial Services

US$40.56 -0.15% Latest close

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 (Theil–Sen, 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 βˆ’55% 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 – US$36.65 Falling channel, βˆ’55% 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

US$0.00US$200.0US$400.0US$600.0Oct 23Mar 24Aug 24Jan 25June 25Nov 25Apr 26Sept 26 today BuyTarget Our buy US$23.3 Β· est. 8 Sept 26Our target US$30.1 Β· est. 7 Dec 26
  • 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.