
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Description generated automatically from public sources; it may be inaccurate or out of date.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 October 21, 2026, computed on the last 12 months of prices.
21 sessions
77.62 $
−6.14%
50 sessions
74.40 $
−2.07%
200 sessions
64.88 $
+12.29%
s2
66.56
Support
s1
68.48
Support
pivot
70.20
Pivot
r1
72.13
Resistance
r2
73.85
Resistance
In the October 21, 2026 session ProShares UltraPro QQQ closed higher at 72.86 $, +3.48% versus the previous session.
The price sits mixed against its moving averages: −6.14% against the 21-session average, −2.07% against the 50 and +12.29% against the 200.
The 14-period RSI reads 44.8, in neutral territory.
MACD stands at -0.851 against a signal line at 0.480: the histogram is negative (−1.331).
ADX reads 21.7, indicating weak directionality.
Levels computed on the latest session place supports at 68.48 and 66.56 $ and resistances at 72.13 and 73.85 $, around a pivot of 70.20.
The average daily range (ATR) is 3.353 $, or 4.60% of price.
Turnover was 52.2M shares, 98% of the 20-session average.
Over the last twelve months the price ranged between 57.48 and 87.72 $, and today stands −16.94% from the period high.
Measures computed on closing prices. They describe the past; they are not forecasts.
Score, Elliott Waves, moving averages and technical indicators — free, no card
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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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