ProShares UltraPro Short QQQ (SQQQ)
$29.19 4.9%
to add to portfolio
AI Score
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Alternative
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Fundamental
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Technical
3
Our AI score evaluates a company's performance on a scale from 0 to 10 by analyzing alternative data points — web traffic, app downloads, job postings, etc - along with financial health and technical signals. Scores below 4 project bearish performance, while scores above 6 project bullish performance.
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SQQQ AI Stock Analysis
Financial Performance
As ProShares UltraPro Short QQQ is an exchange-traded fund (ETF), it does not generate revenue or profits in the traditional sense. Therefore, we cannot analyze its financial performance using metrics like gross profit, net income, and profitability ratios as we would for a typical company.
Stock Price
The stock price of ProShares UltraPro Short QQQ is currently trading at $28.93, down by -11.5% over the last month. This indicates a bearish trend in the short term. The ETF's price is considerably below its 200-day moving average of $43.91, which also suggests a bearish outlook over a longer time frame.
The Relative Strength Index (RSI) value stands at 27.27, indicating that the stock could be oversold and might experience some upward correction in response to this condition.
Alternative Data Signals
As an ETF, alternative data signals such as website traffic trends, app downloads, job postings and social media followers are less relevant to ProShares UltraPro Short QQQ than they would be for individual companies with products or services to sell.
Conclusion
In conclusion, based on recent price trends and technical indicators such as RSI and the 200-day moving average, our analysis of ProShares UltraPro Short QQQ's stock performance is bearish in both short-term and long-term perspectives.
Note: This AI Stock Analysis is based on data as of December 15. Our members can refresh and get access to an up-to-date AI stock analysis.
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SQQQ Price Prediction
Based on a combination of financial analysis, technical indicators, and insights from alternative data, we predict that the stock price of ProShares UltraPro Short QQQ (SQQQ), currently trading at $29.19, will... Sign up to access price prediction.
Disclaimer:
This prediction is provided for informational purposes only and does not constitute financial advice. Market conditions are subject to change, and past performance is not indicative of future results. Please conduct your own research or consult a professional before making investment decisions.
About SQQQ
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The fund invests in financial instruments that ProShare Advisors believes, in combination, should produce daily returns consistent with the fund's investment objective.
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Symbol
SQQQ
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Market
NASDAQ
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Industry
Asset Management
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Market Cap
2.1B
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SQQQ Alternative Data
News Mentions
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SQQQ Financials
SQQQ Key Metrics
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Total Revenue
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Net Income
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SQQQ 2-year Revenue & Income
SQQQ 2-year Free Cash Flow
SQQQ Technicals
SQQQ SMA
SQQQ RSI
FAQ
What's the current price of ProShares UltraPro Short QQQ (SQQQ) Stock?
The price of an ProShares UltraPro Short QQQ (SQQQ) share is $29.19.
What's the market cap of ProShares UltraPro Short QQQ?
The current market cap of ProShares UltraPro Short QQQ is 2.1B.
Should I buy or sell SQQQ?
ProShares UltraPro Short QQQ shows several positive indicators, but they aren’t strong enough to warrant a buy recommendation. At its current price, ProShares UltraPro Short QQQ is better viewed as a hold or accumulate position while waiting for further developments.
Is ProShares UltraPro Short QQQ a good investment?
The current analysis of ProShares UltraPro Short QQQ's fundamentals, technical aspects, and alternative data insights indicates a neutral outlook on the stock. While there are promising elements in ProShares UltraPro Short QQQ's portfolio, the presence of equal risks and opportunities suggests that it might not drive significant gains or losses at this moment.
Is now a good time to buy ProShares UltraPro Short QQQ (SQQQ) Stock?
Based on an analysis that includes fundamentals, technical analysis, and alternative data insights, the outlook for ProShares UltraPro Short QQQ stock is currently neutral, suggesting a cautious approach might be wise.
What are some stocks similar to ProShares UltraPro Short QQQ (SQQQ) that investors often compare it to?
ProShares UltraPro Short QQQ (SQQQ) is often compared to similar stocks such as Invesco QQQ, ProShares UltraPro QQQ, Victory Capital, SEI Investments and Hamilton Lane.
What is the forecast for ProShares UltraPro Short QQQ's stock price in 2026?
Using a mix of financial analysis, technical indicators, and alternative data, we forecast ProShares UltraPro Short QQQ's stock price to be around $27.5 in 2026. Starting from the current price of $29.19, this represents a 5.8% change in price, indicating a bearish outlook for the stock.
How to buy ProShares UltraPro Short QQQ (SQQQ) Stock?
ProShares UltraPro Short QQQ stock is available for purchase through numerous brokerage firms, including online platforms. Investors can also buy ProShares UltraPro Short QQQ shares via trading apps on their smartphones or by utilizing services like robo-advisors for automated investing.