
Technical analysis of ProShares UltraPro QQQ (stock) with the Montbon Method — Elliott Waves, moving averages and a 0–100 score.
ProShares UltraPro QQQ (TQQQ) is an investment fund that uses financial instruments to obtain leveraged exposure to the 100 largest non-financial companies listed on Nasdaq. The fund is designed to produce daily returns consistent with a predetermined daily target, investing at least 80% of its assets in components of the index or in instruments with similar economic characteristics.
Description generated automatically from public sources; it may be inaccurate or out of date.
Closing values for September 4, 2026, computed on the last 12 months of prices.
21 sessions
72.50 $
−0.18%
50 sessions
71.53 $
+1.18%
200 sessions
61.36 $
+17.95%
s2
68.68
Support
s1
70.35
Support
pivot
71.39
Pivot
r1
73.06
Resistance
r2
74.10
Resistance
In the September 4, 2026 session ProShares UltraPro QQQ closed higher at 72.37 $, +0.47% versus the previous session.
The price sits mixed against its moving averages: −0.18% against the 21-session average, +1.18% against the 50 and +17.95% against the 200.
The 14-period RSI reads 51.9, in neutral territory.
MACD stands at -0.086 against a signal line at -0.037: the histogram is negative (−0.048).
ADX reads 11.7, indicating weak directionality.
Levels computed on the latest session place supports at 70.35 and 68.68 $ and resistances at 73.06 and 74.10 $, around a pivot of 71.39.
The average daily range (ATR) is 2.823 $, or 3.90% of price.
Turnover was 47.2M shares, 102% of the 20-session average.
Over the last twelve months the price ranged between 37.23 and 87.89 $, and today stands −17.66% from the period high.
Measures computed on closing prices. They describe the past; they are not forecasts.
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Montbon analyses markets with Elliott Waves, multi-timeframe moving averages and a 0–100 score summarising the technical setup. It is an informational screening tool.
Elliott Waves
Wave counting to frame the price structure.
MTF moving averages
Moving averages across timeframes to read the trend.
0–100 score
A technical summary of the setup, updated daily.
How is ProShares UltraPro QQQ analysed technically?
Technical analysis of ProShares UltraPro QQQ is based on price charts and indicators such as moving averages, RSI and MACD, to observe trend, momentum and volatility across different time horizons.
Which timeframes are used for ProShares UltraPro QQQ?
The daily and weekly charts are typically used for medium-to-long-term trends, while intraday charts (for example 1-hour or 15-minute) are used for short-term movements.
What are Elliott Waves applied to ProShares UltraPro QQQ?
Elliott Wave theory describes price moves as sequences of impulsive and corrective waves; applied to ProShares UltraPro QQQ it helps frame the technical structure of the historical chart and is not a forecast.
Disclaimer. For informational purposes only; not financial advice or a recommendation. Montbon Analytics is not an authorised financial intermediary.
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