Tqqq ETF Forecast

Hold candidate since May 22, 2025

The TQQQ ETF price gained 0.515% on the last trading day (Thursday, 22nd May 2025), rising from $67.94 to $68.29. During the last trading day the ETF fluctuated 3.15% from a day low at $67.62 to a day high of $69.75. The price has risen in 7 of the last 10 days and is up by 15.53% over the past 2 weeks. Volume fell on the last day by -23 million shares and in total, 85 million shares were bought and sold for approximately $5.82 billion. You should take into consideration that falling volume on higher prices causes divergence and may be an early warning about possible changes over the next couple of days.

The ETF lies the upper part of a very wide and falling trend in the short term, and this may normally pose a very good selling opportunity for the short-term trader as reaction back towards the lower part of the trend can be expected. A break up at the top trend line at $71.25 will firstly indicate a slower falling rate, but may be the first sign of a trend shift. Given the current short-term trend, the ETF is expected to fall -10.26% during the next 3 months and, with a 90% probability hold a price between $31.25 and $63.93 at the end of this 3-month period. Do note, that if the ETF price manages to stay at current levels or higher, our prediction target will start to change positively over the next few days as the conditions for the current predictions will be broken.

TQQQ Signals & Forecast

The TQQQ ETF holds a sell signal from the short-term Moving Average; at the same time, however, there is a buy signal from the long-term average. Since the short-term average is above the long-term average there is a general buy signal in the ETF giving a positive forecast for the ETF. On further gains, the ETF will meet resistance from the short-term Moving Average at approximately $70.17. On a fall, the ETF will find some support from the long-term average at approximately $55.61. A break-up through the short-term average will send a buy signal, whereas a breakdown through the long-term average will send a sell signal. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Volume fell during the last trading day despite gaining prices. This causes a divergence between volume and price and it may be an early warning. The ETF should be watched closely. Some negative signals were issued as well, and these may have some influence on the near short-term development. A sell signal was issued from a pivot top point on Monday, May 19, 2025, and so far it has fallen -4.68%. Further fall is indicated until a new bottom pivot has been found.

Support, Risk & Stop-loss for TQQQ ETF

On the downside, the ETF finds support just below today's level from accumulated volume at $59.81 and $59.11. There is a natural risk involved when a ETF is testing a support level, since if this is broken, the ETF then may fall to the next support level. In this case, TQQQ finds support just below today's level at $59.81. If this is broken, then the next support from accumulated volume will be at $59.11 and $52.61.

This ETF may move much during the day (volatility) and with a large prediction interval from the Bollinger Band this ETF is considered to be "high risk". During the last day, the ETF moved $2.13 between high and low, or 3.15%. For the last week, the ETF has had daily average volatility of 4.09%.

Our recommended stop-loss: $65.09 (-4.69%) (This ETF has high daily movements and this gives high risk. There is a sell signal from a pivot top found 3 days ago.)

Trading Expectations (TQQQ) For The Upcoming Trading Day Of Friday 23rd

For the upcoming trading day on Friday, 23rd we expect ProShares UltraPro QQQ to open at $68.55, and during the day (based on 14 day Average True Range), to move between $64.60 and $71.98, which gives a possible trading interval of +/-$3.69 (+/-5.40%) up or down from last closing price. If ProShares UltraPro QQQ takes out the full calculated possible swing range there will be an estimated 10.81% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $69.31 (1.49%) than the support at $59.81 (12.42%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.

Is ProShares UltraPro QQQ ETF A Buy?

TQQQ holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development. We have upgraded our analysis conclusion for this ETF since the last evaluation from a Sell to a Hold/Accumulate candidate.

Current score: -0.802 Hold/Accumulate Upgraded

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Predicted Fair Opening Price

Predicted fair opening price on May 23, 2025 - $68.55 ( 0.386%).