QQUP:NASDAQProShares Ultra QQQ Mega analysis
Data as of Oct 16, 2026 - not real-time
- Latest price
- $64.99
- Risk: high
- 8/10High risk
Summary
ProShares Ultra QQQ Mega is priced at $64.99 and its moving averages line up in bullish order, the shorter sitting above the longer. The last 30 days have gained 2.8%. With RSI at 49.3 the momentum picture is neutral, alongside a bearish MACD signal. Price has been bracketed by support at $63.10 and resistance at $68.71.
The 0.95% expense ratio is middling for its category, and the fund manages $27.0M in assets.
Risk comes out at 8 of a possible 10, a high reading. With 30-day volatility of 32.5%, a beta of 2.82 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 92 on the fear-greed composite.
Short, medium and long-term reads agree on hold, with conviction of 2/10.
The 0.95% expense ratio is middling for its category, and the fund manages $27.0M in assets.
Risk comes out at 8 of a possible 10, a high reading. With 30-day volatility of 32.5%, a beta of 2.82 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 92 on the fear-greed composite.
Short, medium and long-term reads agree on hold, with conviction of 2/10.
Top market events
- Morningstar%2c Inc.1yProShares Ultra QQQ MegaThe investment seeks daily investment results, before fees and expenses,...
Market outlook
Short term
< 1 yearNeutral
Model confidence3/103 out of 10
Key factors
- Short-term moving averages stacked above long-term ones
- Trading above the 200-day average of 58.07
- MACD momentum is negative
Medium term
1–3 yearsNeutral
Model confidence3/103 out of 10
Key factors
- Short-term moving averages stacked above long-term ones
- Trading above the 200-day average of 58.07
- MACD momentum is negative
Long term
> 3 yearsNeutral
Model confidence2/102 out of 10
Key factors
- Beta of 2.82 versus the benchmark
- Thin trading liquidity raises execution risk
- Maximum drawdown of 37.9%
Key metrics
Fund metrics
Expense Ratio0.95%
AUM$27.0M
Inception Date2025-06-10
Avg Daily Volume1,950
Premium/Discount0.00%
Tracking Error0.00%
Dividend Yield0.60%
Technical analysis
TrendBullish
RSI49.3
Support$63.10
Resistance$68.71
MA 20$65.73
MA 50$63.98
MA 200$58.07
MACDBearish
VolumeDecreasing
Fear & Greed Index92.04
Risk assessment
Beta2.82
Volatility32.47%
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.