The investment seeks current income; the fund’s secondary investment objective being exposure to the performance of the ProShares UltraPro® QQQ (NASDAQ: TQQQ) subject to a limit on potential investment gains... Show more
The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where TQQY 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 79%.
TQQY broke above its upper Bollinger Band on September 04, 2026. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.
The Momentum Indicator moved above the 0 level on September 03, 2026. You may want to consider a long position or call options on TQQY as a result. In 21 of 25 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are 84%.
The Moving Average Convergence Divergence (MACD) for TQQY just turned positive on August 31, 2026. Looking at past instances where TQQY's MACD turned positive, the stock continued to rise in 10 of 13 cases over the following month. The odds of a continued upward trend are 77%.
TQQY moved above its 50-day moving average on September 04, 2026 date and that indicates a change from a downward trend to an upward trend.
The 10-day moving average for TQQY crossed bullishly above the 50-day moving average on September 11, 2026. This indicates that the trend has shifted higher and could be considered a buy signal. In 2 of 4 past instances when the 10-day crossed above the 50-day, the stock continued to move higher over the following month. The odds of a continued upward trend are 50%.
Following a +0.97% 3-day Advance, the price is estimated to grow further. Considering data from situations where TQQY advanced for three days, in 117 of 144 cases, the price rose further within the following month. The odds of a continued upward trend are 81%.
Category Trading