No headlines found.
No press releases found.
No news found.
ProShares Ultra QQQ seeks daily investment results before fees and expenses that correspond to twice (200%) the daily performance of the NASDAQ-100 Index .
ProShares Ultra QQQ trades on the ARCA stock market under the symbol QLD.
As of April 18, 2024, QLD stock price declined to $79.57 with 2,048,088 million shares trading.
QLD has a beta of 2.39, meaning it tends to be more sensitive to market movements. QLD has a correlation of 0.82 to the broad based SPY ETF.
QLD has a market cap of $5.09 billion. This is considered a Mid Cap stock.
In the last 3 years, QLD stock traded as high as $94.54 and as low as $32.98.
QLD has outperformed the market in the last year with a return of +63.9%, while the SPY ETF gained +22.5%. In the last 3 month period, QLD beat the market returning +6.4%, while SPY returned +6.3%. However, in the most recent 2 weeks QLD has underperformed the stock market by returning -8.2%, while SPY returned -3.7%.
QLD support price is $78.32 and resistance is $81.90 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that QLD stock will trade within this expected range on the day.