QID Technical Analysis & ETF Price Forecast

Technical Sentiment

Overall Consensus

Sell

Buy

Technical Analysis Consensus

Sell

Buy

Moving Average Consensus

Sell

Buy

ProShares UltraShort QQQ (QID) Moving Averages Convergence Divergence (MACD) indicator is -1.15, suggesting QID is Strong sell.

ProShares UltraShort QQQ (QID) 20-Day simple moving average is 18.63, while ProShares UltraShort QQQ (QID) share price is $16.25, making it Sell.

ProShares UltraShort QQQ (QID) 60-Day simple moving average is 20.45, while ProShares UltraShort QQQ (QID) share price is $16.25, making it Sell.

Technical Analysis for QID

Technical Sentiment Analysis for ProShares UltraShort QQQ (QID). As of 2026-05-01, ProShares UltraShort QQQ (QID) is exhibiting a Strong sell technical sentiment. Our proprietary analysis, which aggregates 16 technical signals, shows that 6 indicators are flashing buy, while 10 are indicating sell.

Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for QID stands at 26.28, which suggests a Buy condition. Meanwhile, the MACD (12, 26) indicator is at -1.15, providing a Sell signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 3.28 and the Commodity Channel Index (CCI) at -101.44 further confirm a -1.32 outlook for the ETF.

Support, Resistance & Moving Averages. From a structural perspective, QID is trading below its 60-day moving average of $20.45 and below its 200-day long-term moving average of $21.22. Key price levels to watch include the immediate resistance at $18.3 and strong support at $16.52. A break above $18.3 could signal a bull continuation, while falling below $16.52 may test the next Fibonacci floor at $15.63.

ProShares UltraShort QQQ (QID) Support & Resistance Level

Name	S3	S2	S1	Pivot Points	R1	R2	R3
Classic	14.74	15.63	16.52	17.41	18.3	19.19	20.08
Fibonacci	15.63	16.31	16.73	17.41	18.09	18.51	19.19

ProShares UltraShort QQQ (QID) Technical Indicators

2026-05-01

Name	Value
Relative Strength Index (RSI)	26.28
Stochastic Oscillator	3.28
Stochastic RSI	4.71
Commodity Channel Index (CCI)	-101.44
Awesome Oscillator	-3.02
Momentum	-1.32
MACD	-1.15

ProShares UltraShort QQQ (QID) Relative Strength Index (RSI) is 26.28, creating a Buy signal.

ProShares UltraShort QQQ (QID) Stochastic Oscillator is 3.28, creating a Buy signal.

ProShares UltraShort QQQ (QID) Stochastic RSI is 4.71, creating a Buy signal.

ProShares UltraShort QQQ (QID) Commodity Channel Index (CCI) is -101.44, creating a Buy signal.

ProShares UltraShort QQQ (QID) Awesome Oscillator is -3.02, creating a Sell signal.

ProShares UltraShort QQQ (QID) Momentum is -1.32, creating a Sell signal.

ProShares UltraShort QQQ (QID) MACD is -1.15, creating a Sell signal.

ProShares UltraShort QQQ (QID) Moving Average

2026-05-01

Period	Simple	Signal
5-Day	17.07	Sell
10-Day	17.41	Sell
20-Day	18.63	Sell
60-Day	20.45	Sell
200-Day	21.22	Sell
250-Day	22.54	Sell

ProShares UltraShort QQQ (QID) 5-Day simple moving average is 17.07, while ProShares UltraShort QQQ (QID) share price is $16.25, making it Sell.

ProShares UltraShort QQQ (QID) 10-Day simple moving average is 17.41, while ProShares UltraShort QQQ (QID) share price is $16.25, making it Sell.

ProShares UltraShort QQQ (QID) 20-Day simple moving average is 18.63, while ProShares UltraShort QQQ (QID) share price is $16.25, making it Sell.

ProShares UltraShort QQQ (QID) 60-Day simple moving average is 20.45, while ProShares UltraShort QQQ (QID) share price is $16.25, making it Sell.

ProShares UltraShort QQQ (QID) 200-Day simple moving average is 21.22, while ProShares UltraShort QQQ (QID) share price is $16.25, making it Sell.

ProShares UltraShort QQQ (QID) 250-Day simple moving average is 22.54, while ProShares UltraShort QQQ (QID) share price is $16.25, making it Sell.