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ProShares UltraPro QQQ Bullish Moving Average Crossover Alert (TQQQ)

By James Quinn

ProShares UltraPro QQQ (NASDAQ:TQQQ) shares have crossed bullishly above their 10-day moving average of $126.01 on a volume of 538K shares. Swing traders may find an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

ProShares UltraPro QQQ share prices have moved between a 52-week high of $131.17 and a 52-week low of $65.30 and are now trading 94% above that low price at $126.36 per share. The 200-day and 50-day moving averages have moved 0.64% lower and 0.67% higher over the past week, respectively.

SmarTrend is tracking the current trend status for ProShares UltraPro QQQ and will alert subscribers who have TQQQ in their portfolio or watchlist when shares have changed trend direction.

Keywords: moving crosses proshares ultrapro qqq

Ticker(s): TQQQ