TQQQ Stock Summary and Trading Ideas (ProShares Ultrapro QQQ | NASDAQ:TQQQ)

ProShares UltraPro QQQ seeks daily investment results before fees and expenses that correspond to triple (300%) the daily performance of the NASDAQ-100 Index .

ProShares Ultrapro QQQ trades on the NASDAQ stock market under the symbol TQQQ.

As of January 30, 2025, TQQQ stock price climbed to $82.50 with 19,073,083 million shares trading.

TQQQ has a beta of 4.05, meaning it tends to be more sensitive to market movements. TQQQ has a correlation of 0.87 to the broad based SPY ETF.

TQQQ has a market cap of $25.34 billion. This is considered a Large Cap stock.

In the last 3 years, TQQQ traded as high as $93.79 and as low as $16.10.

TQQQ has outperformed the market in the last year with a price return of +46.3% while the SPY ETF gained +24.3%. TQQQ has also outperformed the stock market ETF in the last 3 month and 2 week periods returning +7.7% and +2.0%, respectively, while the SPY returned +4.1% and +1.8%, respectively.

TQQQ support price is $78.90 and resistance is $85.38 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that TQQQ shares will trade within this expected range on the day.