LS 5X LONG NASDAQ 100 ETP (5QQQ.MI) Stock Technical Analysis
BIT:5QQQ - Euronext Milan - XS2399364152 - ETF - Currency: EUR
Overall 5QQQ gets a technical rating of 4 out of 10. In the last year, 5QQQ was a below average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
5QQQ has an average technical rating and it also does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
1.16
We found 1 important support area.
- A support zone ranging from 1.17 to 1.17. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- Resistance @1.32 from a horizontal line in the weekly time frame.
- Resistance @1.36 from a horizontal line in the daily time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for 5QQQ.MI is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for 5QQQ.MI is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | 5QQQ.MI has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of 5QQQ.MI is above the rising SMA(20). |
| Relative Strength Index/RSI (14) | 58.97 | NEUTRAL | The RSI value for 5QQQ.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests 5QQQ.MI has a negative trend. |
| Stochastics (14,3) | 66.69 | NEUTRAL | The Stochastics value for 5QQQ.MI is a neutral value. |
| Average True Range in percent/ATR (20) | 7.02 | HIGH VOLATILITY | The high ATR as a percentage value for 5QQQ.MI suggests high volalility. |
| Average Directional Index/ADX (14) | 18.77 | NEGATIVE | The low ADX value for 5QQQ.MI suggests a weak or negative trend. |
BIT:5QQQ (8/7/2025, 7:00:00 PM)
1.315
+0.09 (+7%)