TQQQ ProShares UltraPro QQQ
ProShares UltraPro QQQ (TQQQ) trend channel, buy level and 3-month target on Trade The Path. Sector: Financial Services. Listed on NASDAQ. Levels below are fitted to this ticker's own swing highs and lows (Theil–Sen, log-price), then projected 3 months. If this ticker has no settled sample yet, treat the numbers as a geometric read, not a track record. Information only, not financial advice.
Mid-channel
Price is between the two trend lines. Nothing to act on yet.
Read from the last 3 years of history we hold: rising, drifting +49% a year. The target of US$87.72 sits above the nearest ceiling (US$74.55), so reaching it means breaking a line this stock has repeatedly turned at. What would overturn this: a close below US$42.04 — the floor of the channel being read — after which the trend, not the entry, is what was wrong.
- 3 years read from
- US$42.04 – US$74.55 Rising channel, +49% a year
- Position in that channel
- 80% 0% at the floor, 100% at the ceiling
What broke this trend
- The fall
- -34% from US$87.072 June 2026 → 29 July 2026
- Whose problem it was
- This company12 of 28 Asset Management peers fell with it
- Does it resolve?
- Temporary falls like it have resolved on the record
- Regained so far
- 45%of what it lost
- What the record says
- 63% of 54 comparable falls came back, typically in 66 days measured on its own peer group
The trend broke in June 2026: price fell 34% from 87.07 to 57.72 by July 2026, and has regained 45% of that fall since. Its peers did not fall with it, so this was about the company rather than its sector. Falls like it have resolved: falls of about 34% here have come back to the old high 63% of the time (54 comparable falls), typically in 66 days. On that record the fall is treated as temporary, and the trend lines are fitted to the regime it created rather than through it. Priced from that: 87.72 within 57 days, reached 63% of the time in 54 comparable falls — about 0.41% a day held.
The buy and sell prices below are priced off this recovery rather than off the channel: it is the better expected return per day held once each is charged for the odds of working.
Price history, with the path projected 3 months forward
- Daily close
- Upper trend line (3 years)
- Lower trend line (3 years)
- Dashed after today: projected 3 months
- Our buy
- Our target
Suggested path
Buy now
US$68.04
last close · 16 Sept 2026
Channel buy is US$70.98; last close is the better price available now.
Our target
US$87.72
by 7 Nov 2026
Projected move
28.9%
gross, before costs
Last close is our buy — the best price available now.
The trend broke in June 2026: price fell 34% from 87.07 to 57.72 by July 2026, and has regained 45% of that fall since. Its peers did not fall with it, so this was about the company rather than its sector. Falls like it have resolved: falls of about 34% here have come back to the old high 63% of the time (54 comparable falls), typically in 66 days. On that record the fall is treated as temporary, and the trend lines are fitted to the regime it created rather than through it. Priced from that: 87.72 within 57 days, reached 63% of the time in 54 comparable falls — about 0.41% a day held. The entry is today's price, not a dip level: the fall is behind it and the evidence measured is what these recoveries paid from here, so waiting for a lower entry would be waiting for something the record does not say is coming. Of 54 comparable falls in Asset Management, 63% were back at the old high within 66 days of the low, and the ones that got there gave up about 10% along the way — so expect to be underwater before it works. The target is the median level they regained, which is short of the old high of 87.07 because not all of them saw it again. It is a prediction and it is revised the same way any other is: if price loses its 50-day trend and stays below it, the recovery is treated as failed rather than delayed.
- Upper line touches
- 3
- Lower line touches
- 4
- Fit confidence
- 25%
- Fitted
- 11 Sept 2026
About ProShares UltraPro QQQ
TQQQ is a levered fund that delivers 3x exposure only over a one-day holding period of NASDAQ-100 stocks. The underlying index includes 100 of the largest non-financial companies listed on NASDAQ based on market capitalization. Historically, technology companies have dominated TQQQs underlying index, so, its future performance might be closely tied to the performance of the tech industry. The fund uses a mathematical approach to determine the type, quantity and mix of investment positions that it believes will produce daily returns consistent with its investment objective. Like many levered products, the fund is not a buy-and-hold ETF as it's a very short-term tactical instrument.
- Sector
- Financial Services
- Industry
- Asset Management
- Country
- US
https://www.proshares.com/our-etfs/leveraged-and-inverse/tqqq
Scorecard
Our own pillar scores, computed from the fundamentals below. They are not Morningstar ratings — that data is licensed and we do not redistribute it.
- Valuation
- —
- Profitability
- —
- Financial health
- —
- Cash generation
- —
Key statistics
- Market cap
- US$43.58B
- Enterprise value
- —
- Beta
- 3.71
- Avg volume
- 65.04M
- Revenue per share
- —
- Dividend yield
- —
- 52-week range
- 37.32-88.09
- Exchange
- NASDAQ
Key ratios
- P/E (TTM)
- —
- PEG
- —
- Price / sales
- —
- Price / book
- —
- EV / EBITDA
- —
- Gross margin
- —
- Operating margin
- —
- Net margin
- —
- Current ratio
- —
- Quick ratio
- —
- Debt / equity
- —
- Interest cover
- —
Income statement
Balance sheet
Cash flow
Trend lines are fitted statistically to past swing highs and lows and projected forward on the assumption the same rhythm continues. It often does not. This is information, not advice.