Question 1

What does the Stochastic Oscillator suggest about TQQQ's trend?

Accepted Answer

The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 4 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.

Question 2

How did TQQQ's Momentum indicator behave recently?

Accepted Answer

TQQQ saw its Momentum Indicator move above the 0 level on September 17, 2024. This is an indication that the stock could be shifting in to a new upward move. Traders may want to consider buying the stock or buying call options. Tickeron's A.I.dvisor looked at 79 similar instances where the indicator turned positive. In 76 of the 79 cases, the stock moved higher in the following days. The odds of a move higher are at 90%.

Question 3

What does MACD indicator imply for TQQQ?

Accepted Answer

The Moving Average Convergence Divergence (MACD) for TQQQ just turned positive on September 13, 2024. Looking at past instances where TQQQ's MACD turned positive, the stock continued to rise in 45 of 47 cases over the following month. The odds of a continued upward trend are 90%.

Question 4

What is the significance of the 50-day moving average indicator for TQQQ?

Accepted Answer

TQQQ moved above its 50-day moving average on September 19, 2024 date and that indicates a change from a downward trend to an upward trend.

Question 5

What does a 3-day price advance indicate for TQQQ?

Accepted Answer

Following a +4.30% 3-day Advance, the price is estimated to grow further. Considering data from situations where TQQQ advanced for three days, in 363 of 387 cases, the price rose further within the following month. The odds of a continued upward trend are 90%.

Question 6

What does a 3-day decline signify for TQQQ's future price movement?

Accepted Answer

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 50 of 62 cases within the following month. The odds of a continued downward trend are 87%.

Question 7

What does TQQQ breaking above its upper Bollinger Band indicate?

Accepted Answer

TQQQ may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.

Question 8

How does the Aroon Indicator reflect on TQQQ's trend?

Accepted Answer

The Aroon Indicator entered an Uptrend today. In 399 of 417 cases where TQQQ Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are 90%.

TQQQ Stock ProShares UltraPro QQQ (TQQQ, $70.58) price moved above its 50-day Moving Average on September 19, 2024

Momentum Indicator for TQQQ turns positive, indicating new upward trend

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