Ultrapro QQQ Proshares (TQQQ.US)

Close: 89.22 (+1.32), Feb 26, 2021
Hold

High risk

Automatic technical analysis. Medium term, Feb 26, 2021

Ultrapro QQQ Proshares has broken through the floor of a rising trend channel in the medium long term. This indicates a slower rising rate at first, or the start of a more horizontal development. The stock is testing the support at dollar 88.00. This could give a positive reaction, but a downward breakthrough of dollar 88.00 means a negative signal. Volume tops and volume bottoms correspond badly with tops and bottoms in the price. Volume balance is also negative, which weakens the stock. The RSI curve shows a falling trend, which could be an early signal for the start of a falling trend for the price as well. The stock is overall assessed as technically neutral for the medium long term.

Recommendation one to six months: Hold (Score: -0)

Period  
Vol.bal. Volatility Liquidity +/- %
1 day-3.90%4 658.08+1.50%
5 days-54.1712.54%4 146.03-14.88%
22 days-73.2037.91%2 978.05-13.73%
66 days-47.31101.64%3 019.81+21.17%

More analyses of Ultrapro QQQ Proshares

chart Ultrapro QQQ Proshares (TQQQ) Candlesticks 22 Days
Candlesticks
chart Ultrapro QQQ Proshares (TQQQ) Short term
Short term: Hold
chart Ultrapro QQQ Proshares (TQQQ) Medium term
Medium term: Hold
chart Ultrapro QQQ Proshares (TQQQ) Long term
Long term: Positive
 


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Investtech guarantees neither the entirety nor accuracy of the analyses. Any consequent exposure related to the advice / signals which emerge in the analyses is completely and entirely at the investors own expense and risk. Investtech is not responsible for any loss, either directly or indirectly, which arises as a result of the use of Investtechs analyses. Details of any arising conflicts of interest will always appear in the investment recommendations. Further information about Investtechs analyses can be found here disclaimer. The content provided by Investtech.com is NOT SEC or FSA regulated and is therefore not intended for US or UK consumers.

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