PSQ + Volume?98 DTE contracts suggest we may have a bounce from $9.00, or come close, save lunch for dinner then head to the $10.00 area by mid Feb , so long as the +volume is maintained around these levels ,we can expect to pay these levels a visit , to sweeten the deal there are gaps that need to be recovered
Key stats
About ProShares Short QQQ
Home page
Inception date
Jun 19, 2006
Structure
Open-Ended Fund
Replication method
Synthetic
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
ProShare Advisors LLC
Distributor
SEI Investments Distribution Co.
PSQ makes a straight bet against the popular QQQ ETF by providing inverse exposure to the NASDAQ-100 index an index of 100 tech-heavy firms listed on NASDAQ that excludes financials. The fund uses a combination of swaps on the NASDAQ-100 ETF (QQQ), swaps on the index itself, and NASDAQ-100 futures to achieve this exposure. As with most inverse and leveraged products, PSQ is designed to provide this exposure on a daily basis, not as a long-term inverse bet against the index. Investors holding the fund for longer than a day will be exposed to the effects of compounding on returns, and will be unlikely to realize the stated exposure over extended periods of time.
Classification
What's in the fund
Exposure type
Government
Stock breakdown by region
Top 10 holdings
PSQ Finally going to break the wedge?Market pressures. TA looking bullish for PSQ.
Mac D coming bullish, getting close to the end of this wedge, and so much pressure everywhere.
Been bearish for quiet a while.
I hold PSQ Jan 19th 2024 Calls.
This is not financial advice, I have lost lots of money trading, do not follow my foot steps,
PSQ | QQQ is about to Dip | HedgedThe fund invests in financial instruments that ProShare Advisors believes, in combination, should produce daily returns consistent with the fund's investment objective. The index includes 100 of the largest domestic and international non-financial companies listed on The Nasdaq Stock Market based on
PSQ Is The US market crash coming ? Is The US market crash coming ?
We have 3 types of “crashes”
Correction <15% downward movement in a major indicy
Bear Market <20% downward movement in a major indicy
Black Swan event, something very unexpected that tanks the market, think 1987, 1929, challenger disaster, 911 and so on.
The four
ProShares Short QQQ - 1 month analysisPSQ has been in an uptrend since February 17th. With especially high volume on February 23rd, 25th & 26th and March 3rd & 4th. My thesis on the recent market weakness, is that dip buyers of the 2020 covid market crash, have become sellers 365 days later taking profit in 2021. The 2020 stock market c
PSQ Proshares Trust: Short opportunity on monthly.PSQ is trading inside a 1M (monthly) Channel Down (RSI = 36.191, MACD = -3.690, Highs/Lows = 0.0000) which last December made its Lower High. A Death Cross (MA50 under MA200) formation occurred in March on 1D and after a 27.60 bottom, the price has been rebounding towards the MA200.
Last time the s
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Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
Related funds
Frequently Asked Questions
An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
PSQ trades at 36.73 USD today, its price has risen 1.02% in the past 24 hours. Track more dynamics on PSQ price chart.
PSQ net asset value is 36.37 today — it's fallen 15.45% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
PSQ assets under management is 632.74 M USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
PSQ price has fallen by −9.71% over the last month, and its yearly performance shows a −13.90% decrease. See more dynamics on PSQ price chart.
NAV returns, another gauge of an ETF dynamics, have fallen by −15.45% over the last month, showed a 2.54% increase in three-month performance and has decreased by −10.09% in a year.
NAV returns, another gauge of an ETF dynamics, have fallen by −15.45% over the last month, showed a 2.54% increase in three-month performance and has decreased by −10.09% in a year.
PSQ fund flows account for 192.20 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
PSQ invests in bonds. See more details in our Analysis section.
PSQ expense ratio is 0.95%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
PSQ is an inverse fund, meaning it's structured to generate returns opposite to the trends of the underlying index or assets.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, PSQ technical analysis shows the sell rating and its 1-week rating is sell. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating PSQ shows the sell signal. See more of PSQ technicals for a more comprehensive analysis.
Today, PSQ technical analysis shows the sell rating and its 1-week rating is sell. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating PSQ shows the sell signal. See more of PSQ technicals for a more comprehensive analysis.
Yes, PSQ pays dividends to its holders with the dividend yield of 8.05%.
PSQ trades at a premium (0.02%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
PSQ shares are issued by ProShare Advisors LLC
PSQ follows the NASDAQ 100 Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Jun 19, 2006.
The fund's management style is passive, meaning it's aiming to replicate the performance of the underlying index by holding assets in the same proportions as the index. The goal is to match the index's returns.