TQQQ — Should You Buy the 3x Nasdaq ETF Today?
TQQQ seeks three times the daily return of the Nasdaq-100. Because it resets daily, its long-run return is path dependent: it compounds hard in a sustained trend and bleeds in a choppy, mean-reverting tape even when the index ends flat.
Machine signals
- • Mixed moving-average trend
- • RSI neutral at 47.0
- • MACD bearish crossover
- • Pattern: double top (bearish reversal watch)
Key levels for TQQQ
| Level | Price | Distance |
|---|---|---|
| First support (MA25) | $70.31 | +4.2% |
| Trend line (MA99) | $71.19 | +3.0% |
| 52-week high | $87.22 | -16.0% |
| 52-week low | $37.89 | +93.5% |
Distance is measured from the live price of $73.30. Levels recompute on every page load.
What moves TQQQ
- • Nasdaq-100 direction — TQQQ has no independent thesis
- • Realized volatility, which drives daily-reset decay
- • Rates and megacap tech earnings, the QQQ's dominant weights
- • Financing costs embedded in the leverage
Should you buy TQQQ?
Our deterministic confluence engine currently rates TQQQ as HOLD with a score of -2 out of ±10. The rating combines moving-average alignment, RSI, MACD, ADX trend strength, and 52-week positioning. Not financial advice — for a full AI thesis with entry, stop, and targets, run a scan on the terminal.
Run full AI scan on TQQQ →TQQQ — frequently asked questions
Is TQQQ a buy today?
The rating at the top is a technical read on TQQQ's live price using moving averages, RSI, MACD and 52-week position. Since TQQQ is a leveraged derivative of the Nasdaq-100, treat it as a trend-following trade with a hard stop, not a hold-and-forget position.
Why does TQQQ lose value over time?
Daily leverage resets cause volatility decay: a 3x fund that drops and recovers by the same percentage ends below where it started. The sharper and choppier the swings, the more it costs, which is why TQQQ underperforms 3x the index return over long, volatile stretches.
Can you hold TQQQ long term?
It is designed as a daily trading vehicle. Multi-year holders have seen both very large gains in trending bull markets and drawdowns far deeper than the index in bear markets. Position size for a drawdown three times the index's.
What is the difference between TQQQ and QQQ?
QQQ tracks the Nasdaq-100 one-to-one. TQQQ targets three times the index's daily move in both directions, rebalanced every day, with a higher expense ratio and embedded financing cost.