TQQQ ETF downgraded from Hold/Accumulate to Sell Candidate after Wednesday trading session

The TQQQ ETF price gained 0.745% on the last trading day (Wednesday, 11th Feb 2026), rising from $51.02 to $51.40. During the last trading day the ETF fluctuated 4.91% from a day low at $50.04 to a day high of $52.50. The price has fallen in 6 of the last 10 days and is down by -9.9% for this period. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 21 million more shares were traded than the day before. In total, 91 million shares were bought and sold for approximately $4.68 billion.

The ETF is moving within a wide and horizontal trend and further movements within this trend can be expected. Given the current horizontal trend, you can expect TQQQ ETF with a 90% probability to be traded between $47.69 and $57.89 at the end of this 3-month period. A break of a horizontal trend is often followed by a large increase in the volume, and ETF seldom manage to go directly from the bottom of a trend up to the top. ETF turning up in the middle of a horizontal trend are therefore considered to be potential runners.

A buy signal was issued from a pivot bottom point on Thursday, February 05, 2026, and so far it has risen 7.89%. Further rise is indicated until a new top pivot has been found. Volume is rising along with the price. This is considered to be a good technical signal. Some negative signals were issued as well, and these may have some influence on the near short-term development. The TQQQ ETF holds a buy signal from the short-term Moving Average; at the same time, however, the long-term average holds a general sell signal. Since the longterm average is above the short-term average there is a general sell signal in the ETF giving a more negative forecast for the ETF. On further gains, the ETF will meet resistance from the long-term Moving Average at $53.75. On a fall, the ETF will find some support from the short-term average at $50.67. A break-up through the long-term average will give another buy signal, while a fall below the short-term average will add another sell signal and strengthen the general signal. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD).

TQQQ finds support from accumulated volume at $51.03 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This ETF has average movements during the day and with good trading volume, the risk is considered to be medium. During the last day, the ETF moved $2.46 between high and low, or 4.91%. For the last week, the ETF has had daily average volatility of 5.02%.

TQQQ holds several negative signals and we believe that it will still perform weakly in the next couple of days or weeks. We, therefore, hold a negative evaluation of this ETF.Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this ETF since the last evaluation from a Hold to a Sell candidate.