PSQ ProShares Short QQQ chart & analysis
Conviction 50Scan · Fri, Nov 6, 2026ProShares Short QQQ (PSQ) closed at $27.95 (-1.17%) on Nov 6, 2026. Price is above its 50-day and above its 200-day moving average. RSI(14) 69, RS Rating 60, -16.5% from its 52-week high, -7.5% year to date.
PSQ technical analysis
Trend
PSQ's moving averages are mixed — no clean uptrend or downtrend. It closed 9.2% above the 50-day ($25.59) and 1.9% above the 200-day ($27.43). ADX(14) at 33 points to a strong, established trend. It meets 4 of 8 trend-template criteria.
Momentum
RSI(14) is 69, in the bullish half of its range. The MACD histogram is positive. A bearish RSI divergence is in place. Its RS Rating of 60 puts its weighted 12-month performance ahead of about 60% of the US market.
Volume and volatility
Volume on the latest session ran 0.9× its 20-day average. It trades about $655.5M a day on average. ATR(14) is $0.5674, 2.0% of price — its typical daily range. On-balance volume is trending up. Chaikin Money Flow (0.16) shows accumulation.
Key levels
The chart pattern's support is $24.32 and its resistance $26.76. The 52-week range is $24.09 to $33.47; price is 16.5% below the high and 16.0% above the low. The VWAP anchored at the 52-week high is $26.37, below price.
Performance
PSQ returned +4.9% (1 week), +13.6% (1 month), +9.1% (3 months), +6.6% (6 months), -6.9% (1 year), -7.5% (year to date).
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Educational data, not financial advice. Patterns, levels and the trade plan are algorithmic, not a recommendation to trade.