Buy, Sell or Hold: ProShares Short QQQ ETF (PSQ-N) — Stock Predictions at Stockchase

NYSEARCA:PSQ

14.09

0.01 (0.07%) 1d

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COMMENT

Ways to hedge against downturns.

E.T.F.'s

DON'T BUY

A reverse ETF. This would have been fine to buy a while ago but the market is groping for the bottom so not a good time to buy now. He is positive on the long term.

E.T.F.'s

COMMENT

This product has an inverse exposure to the Nasdaq which is good because the Nasdaq is expensive and is set for a major pullback. It is also for traders and he cautioned that it must be watched daily for overnight resets.

E.T.F.'s

COMMENT

SQQQ is triple leveraged while PSQ is a single leveraged. If you understand the leverage, SQQQ could be a way to leverage for the downside, but he would not recommend it. PSQ is a single inverse relationship that is one-to-one.

E.T.F.'s

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ProShares Short QQQ ETF(PSQ-N) Rating

Ranking : 3 out of 5

Bullish - Buy Signals / Votes : 0

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 1

Total Signals / Votes : 1

Stockchase rating for ProShares Short QQQ ETF is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

ProShares Short QQQ ETF(PSQ-N) Frequently Asked Questions

What is ProShares Short QQQ ETF stock symbol?

ProShares Short QQQ ETF is a American stock, trading under the symbol PSQ-N on the NYSE Arca (PSQ). It is usually referred to as AMEX:PSQ or PSQ-N

Is ProShares Short QQQ ETF a buy or a sell?

In the last year, 1 stock analyst published opinions about PSQ-N. 0 analysts recommended to BUY the stock. 1 analyst recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for ProShares Short QQQ ETF.

Is ProShares Short QQQ ETF a good investment or a top pick?

ProShares Short QQQ ETF was never recommended as a Top Pick on Stockchase. Read the latest stock experts ratings for ProShares Short QQQ ETF.

Why is ProShares Short QQQ ETF stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is ProShares Short QQQ ETF worth watching?

In the last year, there was no coverage of ProShares Short QQQ ETF published on Stockchase.

What is ProShares Short QQQ ETF stock price?

On 2022-05-19, ProShares Short QQQ ETF (PSQ-N) stock closed at a price of $14.09.

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