TQQQ Price Prediction, ProShares UltraPro QQQ AI Recommendations
ETF market charts, price targets, analyst ratings and a financial calendar
TQQQ's RSI Indicator recovers from oversold territory
The RSI Indicator for TQQQ moved out of oversold territory on September 28, 2023. This could be a sign that the stock is shifting from a downward trend to an upward trend. Traders may want to buy the stock or call options. The A.I.dvisor looked at 33 similar instances when the indicator left oversold territory. In of the 33 cases the stock moved higher. This puts the odds of a move higher at .
Technical Analysis (Indicators)
Bullish Trend Analysis
The Stochastic Oscillator shows that the ticker has stayed in the oversold zone for 9 days. The price of this ticker is presumed to bounce back soon, since the longer the ticker stays in the oversold zone, the more promptly an upward trend is expected.
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where TQQQ advanced for three days, in of 374 cases, the price rose further within the following month. The odds of a continued upward trend are .
TQQQ may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
Bearish Trend Analysis
The Momentum Indicator moved below the 0 level on September 13, 2023. You may want to consider selling the stock, shorting the stock, or exploring put options on TQQQ as a result. In of 72 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .
The Moving Average Convergence Divergence Histogram (MACD) for TQQQ turned negative on September 18, 2023. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 44 similar instances when the indicator turned negative. In of the 44 cases the stock turned lower in the days that followed. This puts the odds of success at .
TQQQ moved below its 50-day moving average on September 15, 2023 date and that indicates a change from an upward trend to a downward trend.
The 10-day moving average for TQQQ crossed bearishly below the 50-day moving average on September 15, 2023. This indicates that the trend has shifted lower and could be considered a sell signal. In of 15 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following month. The odds of a continued downward trend are .
Following a 3-day decline, the stock is projected to fall further. Considering past instances where TQQQ declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
The Aroon Indicator for TQQQ entered a downward trend on August 29, 2023. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.
Fundamental Analysis (Ratings)
Notable companies
Industry description
Market Cap
High and low price notable news
Volume
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
General Information
Category Trading
| 1 Day | |||
|---|---|---|---|
| ETFs / NAME | Price $ | Chg $ | Chg % |
| DFP | 16.77 | 0.20 | +1.21% |
| FLAHERTY & CRUMRINE DYNAMIC PREFERRED AND Income FUND | |||
| KLNE | 8.03 | N/A | +0.06% |
| Direxion Dl Glbl Clean Ey Bull 2X Shrs | |||
| BOTZ | 24.72 | 0.01 | +0.04% |
| Global X Robotics & Artfcl Intllgnc ETF | |||
| DIM | 56.15 | -0.10 | -0.17% |
| WisdomTree International MidCap Div ETF | |||
| ROSC | 36.06 | -0.29 | -0.80% |
| Hartford Multifactor Small Cap ETF | |||
TQQQ and
Correlation & Price change
A.I.dvisor indicates that over the last year, TQQQ has been closely correlated with QLD. These tickers have moved in lockstep 100% of the time. This A.I.-generated data suggests there is a high statistical probability that if TQQQ jumps, then QLD could also see price increases.
| Ticker / NAME | Correlation To TQQQ | 1D Price Change % | ||
|---|---|---|---|---|
| TQQQ | 100% | +0.23% | ||
| QLD - TQQQ | 100% Closely correlated | +0.15% | ||
| IWFL - TQQQ | 98% Closely correlated | -0.17% | ||
| ROM - TQQQ | 98% Closely correlated | +0.54% | ||
| TECL - TQQQ | 97% Closely correlated | +0.89% | ||
| BULZ - TQQQ | 97% Closely correlated | +1.61% | ||
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