Technical Analysis for TQQQ - ProShares UltraPro QQQ

Grade Last Price % Change Price Change
grade B 82.98 4.39% 3.49
TQQQ closed up 4.13 percent on Friday, May 29, 2020, on 82 percent of normal volume. Note that the stock is in overbought territory based on its Slow Stochastic indicator (14, 3, 3) -- sideways movement or a pullback should not be unexpected.

Trend Table & Recent Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Up Up Up
Historical TQQQ trend table...

Date Alert Name Type % Chg
180 Bullish Setup Bullish Swing Setup 0.25%
Pocket Pivot Bullish Swing Setup 0.25%
Stochastic Reached Overbought Strength 0.25%
Multiple of Ten Bullish Other 0.25%
Outside Day Range Expansion 0.25%
Overbought Stochastic Strength 0.25%
Multiple of Ten Bearish Other 4.39%
Hammer Candlestick Bullish 3.73%
180 Bullish Setup Bullish Swing Setup 3.73%
Overbought Stochastic Strength 3.73%

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Profile

The investment seeks daily investment results, before fees and expenses, that correspond to three times (3x) the daily performance of the NASDAQ-100 Index®. The fund invests in securities and derivatives that ProShare Advisors believes, in combination, should have similar daily return characteristics as three times (3x) the daily return of the index. The index, a modified market capitalization-weighted index, includes 100 of the largest non-financial domestic and international issues listed on the NASDAQ Stock Market. The fund is non-diversified.
Exchange Traded Fund ETF Leveraged ETF Ultra ETF Capitalization Weighted Index Nasdaq Nasdaq Composite Index Rate Of Return

Is TQQQ a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 118.8
52 Week Low 32.27
Average Volume 54,773,620
200-Day Moving Average 73.06
50-Day Moving Average 62.22
20-Day Moving Average 74.46
10-Day Moving Average 78.64
Average True Range 4.97
ADX 16.59
+DI 28.53
-DI 20.34
Chandelier Exit (Long, 3 ATRs ) 68.40
Chandelier Exit (Short, 3 ATRs ) 76.99
Upper Bollinger Band 85.03
Lower Bollinger Band 63.89
Percent B (%b) 0.89
BandWidth 28.39
MACD Line 4.53
MACD Signal Line 4.22
MACD Histogram 0.3076
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 90.27
Resistance 3 (R3) 89.62 86.47 89.02
Resistance 2 (R2) 86.47 84.56 86.80 88.60
Resistance 1 (R1) 84.62 83.38 85.55 85.27 88.19
Pivot Point 81.47 81.47 81.93 81.80 81.47
Support 1 (S1) 79.62 79.56 80.55 80.27 77.35
Support 2 (S2) 76.47 78.38 76.80 76.94
Support 3 (S3) 74.62 76.47 76.52
Support 4 (S4) 75.27