


Technical Sentiment Analysis for ProShares UltraShort QQQ Mega (QQDN). As of 2026-04-16, ProShares UltraShort QQQ Mega (QQDN) 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 QQDN stands at 29.45, which suggests a Buy condition. Meanwhile, the MACD (12, 26) indicator is at -1.07, providing a Sell signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 0.24 and the Commodity Channel Index (CCI) at -164.6 further confirm a -6.31 outlook for the ETF.
Support, Resistance & Moving Averages. From a structural perspective, QQDN is trading above its 60-day moving average of $28.96 and above its 200-day long-term moving average of $28.69. Key price levels to watch include the immediate resistance at $32.41 and strong support at $24.54. A break above $32.41 could signal a bull continuation, while falling below $24.54 may test the next Fibonacci floor at $20.73.
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 16.67 | 20.73 | 24.54 | 28.6 | 32.41 | 36.47 | 40.28 |
| Fibonacci | 20.73 | 23.74 | 25.59 | 28.6 | 31.61 | 33.46 | 36.47 |
2026-04-16
| Name | Value |
|---|---|
| Relative Strength Index (RSI) | 29.45 |
| Stochastic Oscillator | 0.24 |
| Stochastic RSI | 0.31 |
| Commodity Channel Index (CCI) | -164.6 |
| Awesome Oscillator | -3.45 |
| Momentum | -6.31 |
| MACD | -1.07 |
2026-04-16
| Period | Simple | Signal |
|---|---|---|
| 5-Day | 26.34 | Sell |
| 10-Day | 28.35 | Sell |
| 20-Day | 30.32 | Sell |
| 60-Day | 28.96 | Sell |
| 200-Day | 28.69 | Sell |
| 250-Day | 29.34 | Sell |