QQUP:NASDAQProShares Ultra QQQ Mega Analysis
Data as of 2026-09-09 - not real-time
$62.98
Latest Price
8/10Risk
Risk Level: High
Executive Summary
ProShares Ultra QQQ Mega is priced at $62.98 and its moving averages line up in bullish order, the shorter sitting above the longer. The last 30 days have gained 15.5%. With RSI at 52.5 the momentum picture is neutral, alongside a bullish MACD signal. Price has been bracketed by support at $60.50 and resistance at $65.65.
The 0.95% expense ratio is middling for its category, and the fund manages $28.5M in assets.
Risk comes out at 8 of a possible 10, a high reading. With 30-day volatility of 39.4%, a beta of 2.81 and a maximum drawdown of 37.9%, position sizing matters more than entry timing here. Thin trading volumes mean execution costs can be material on larger orders. The wider market backdrop reads extreme greed at 93 on the fear-greed composite.
The horizons diverge: buy near-term but hold on a long view, at 2/10 conviction over the longer horizon.
The 0.95% expense ratio is middling for its category, and the fund manages $28.5M in assets.
Risk comes out at 8 of a possible 10, a high reading. With 30-day volatility of 39.4%, a beta of 2.81 and a maximum drawdown of 37.9%, position sizing matters more than entry timing here. Thin trading volumes mean execution costs can be material on larger orders. The wider market backdrop reads extreme greed at 93 on the fear-greed composite.
The horizons diverge: buy near-term but hold on a long view, at 2/10 conviction over the longer horizon.
Market Outlook
Short Term
< 1 yearPositive
Model confidence: 6/10
Key Factors
- Short-term moving averages stacked above long-term ones
- Trading above the 200-day average of 57.29
- MACD momentum is positive
Medium Term
1–3 yearsPositive
Model confidence: 4/10
Key Factors
- Short-term moving averages stacked above long-term ones
- Trading above the 200-day average of 57.29
- MACD momentum is positive
Long Term
> 3 yearsNeutral
Model confidence: 2/10
Key Factors
- Beta of 2.81 versus the benchmark
- Thin trading liquidity raises execution risk
- Maximum drawdown of 37.9%
Key Metrics & Analysis
Fund Metrics
Expense Ratio0.95%
AUM$28.5M
Inception Date2025-06-10
Avg Daily Volume2,580
Premium/Discount0.00%
Tracking Error0.00%
Dividend Yield0.60%
Technical Analysis
TrendBullish
RSI52.5
Support$60.50
Resistance$65.65
MA 20$62.65
MA 50$60.59
MA 200$57.29
MACDBullish
VolumeIncreasing
Fear & Greed Index93.36
Risk Assessment
Beta2.81
Volatility39.38%
Sector RiskMedium
Currency RiskLow
Liquidity RiskHigh
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This analysis may contain inaccuracies and is provided for informational and research purposes only. It is not personal investment advice, a recommendation, or an instruction to buy, sell, or hold any asset.