QQXL:NASDAQProShares Ultra QQQ Top 30 analysis
Data as of Oct 16, 2026 - not real-time
- Latest price
- $56.25
- Risk: high
- 8/10High risk
Summary
At $56.25, ProShares Ultra QQQ TOP 30 shows a bullish moving-average alignment, with shorter averages sitting above longer ones. Over a rolling month the price has gained 6.1%. Relative strength is 41.3 — neutral — and the MACD signal is bearish. Price has been bracketed by support at $54.69 and resistance at $63.20.
The 0.96% expense ratio is middling for its category, and the fund manages $5.9M in assets.
The composite risk read is 8/10, putting it in high territory. With 30-day volatility of 34.0%, a beta of 3.06 and a maximum drawdown of 27.8%, 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.
Across every horizon the signals point the same way: hold, at a conviction of 2 out of 10.
The 0.96% expense ratio is middling for its category, and the fund manages $5.9M in assets.
The composite risk read is 8/10, putting it in high territory. With 30-day volatility of 34.0%, a beta of 3.06 and a maximum drawdown of 27.8%, 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.
Across every horizon the signals point the same way: hold, at a conviction of 2 out of 10.
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 50.34
- 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 50.34
- MACD momentum is negative
Long term
> 3 yearsNeutral
Model confidence2/102 out of 10
Key factors
- Beta of 3.06 versus the benchmark
- Thin trading liquidity raises execution risk
- Maximum drawdown of 27.8%
Key metrics
Fund metrics
Expense Ratio0.96%
AUM$5.9M
Inception Date2025-08-13
Avg Daily Volume2,110
Premium/Discount0.00%
Tracking Error0.00%
Dividend Yield0.88%
Technical analysis
TrendBullish
RSI41.3
Support$54.69
Resistance$63.20
MA 20$59.74
MA 50$56.46
MA 200$50.34
MACDBearish
VolumeStable
Fear & Greed Index92.04
Risk assessment
Beta3.06
Volatility33.96%
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.