MQQQ:NASDAQTradr 2X Long Innovation 100 Monthly ETF Analysis
Data as of 2026-08-10 - not real-time
$232.99
Latest Price
8/10Risk
Risk Level: High
Executive Summary
At $232.99, Tradr 2X Long Innovation 100 Monthly ETF shows no decisive moving-average alignment, leaving the trend neutral. RSI sits at 56.1, which reads as neutral, and MACD momentum is bullish. Recent trading has carved out support near $194.04 and resistance around $236.23.
The 0.95% expense ratio is middling for its category, and the fund manages $200.4M in assets.
On a 1-10 scale the risk profile lands at 8 — high. With 30-day volatility of 52.4%, a beta of 2.84 and a maximum drawdown of 26.7%, position sizing matters more than entry timing here. The wider market backdrop reads extreme greed at 94 on the fear-greed composite.
Short, medium and long-term reads agree on hold, with conviction of 2/10.
The 0.95% expense ratio is middling for its category, and the fund manages $200.4M in assets.
On a 1-10 scale the risk profile lands at 8 — high. With 30-day volatility of 52.4%, a beta of 2.84 and a maximum drawdown of 26.7%, position sizing matters more than entry timing here. The wider market backdrop reads extreme greed at 94 on the fear-greed composite.
Short, medium and long-term reads agree on hold, with conviction of 2/10.
Market Outlook
Short Term
< 1 yearNeutral
Model confidence: 3/10
Key Factors
- Trading above the 200-day average of 198.01
- MACD momentum is positive
- 30-day volatility of 52.4%
Medium Term
1–3 yearsNeutral
Model confidence: 3/10
Key Factors
- Trading above the 200-day average of 198.01
- 30-day volatility of 52.4%
- MACD momentum is positive
Long Term
> 3 yearsNeutral
Model confidence: 2/10
Key Factors
- 30-day volatility of 52.4%
- Beta of 2.84 versus the benchmark
- Maximum drawdown of 26.7%
Key Metrics & Analysis
Fund Metrics
Expense Ratio0.95%
AUM$200.4M
Inception Date2024-08-30
Avg Daily Volume27,220
Premium/Discount0.00%
Tracking Error0.00%
Technical Analysis
TrendNeutral
RSI56.1
Support$194.04
Resistance$236.23
MA 20$219.88
MA 50$230.35
MA 200$198.01
MACDBullish
VolumeDecreasing
Fear & Greed Index93.86
Risk Assessment
Beta2.84
Volatility52.42%
Sector RiskMedium
Currency RiskLow
Liquidity RiskMedium
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This analysis may contain inaccuracies and is provided for informational and research purposes only. It is not personal investment advice, a recommendation, or an instruction to buy, sell, or hold any asset.