DIREXION NASDAQ-100 EQ WEIGH (QQQE) Stock Technical Analysis
NASDAQ:QQQE • US25459Y2072
Taking everything into account, QQQE scores 4 out of 10 in our technical rating. In the last year, QQQE was a medium performer in the overall market. The medium term is still looking fine, but we see some doubts in the very recent evolution.
- The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
- QQQE is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so QQQE is lagging the market slightly.
- In the last month QQQE has a been trading in the 100.18 - 107.06 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
- When comparing the performance of all stocks over the past year, QQQE turns out to be only a medium performer in the overall market: it outperformed 53% of all stocks.
QQQE has only a medium technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 103.44. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 103.06, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for QQQE in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
95.86
When analyzing the support we can see 2 important areas.
- A support zone ranging from 101.55 to 103.06. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 96.83 to 98.95. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 103.44 to 106.21. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
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 QQQE is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for QQQE is neutral. |
| ChartMill Relative Strength | 53.44 | NEUTRAL | QQQE is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of QQQE is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of QQQE is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of QQQE is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 49.88 | NEUTRAL | The RSI value for QQQE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests QQQE has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 54.75 | NEUTRAL | The Stochastics value for QQQE is a neutral value. |
| Average True Range in percent/ATR (20) | 1.5 | LOW VOLATILITY | The low ATR as a percentage value for QQQE suggests low volalility. |
| Average Directional Index/ADX (14) | 15.83 | NEGATIVE | The low ADX value for QQQE suggests a weak or negative trend. |
NASDAQ:QQQE (2/20/2026, 8:00:49 PM)
103.24
+0.5 (+0.49%)
DIREXION NASDAQ-100 EQ WEIGH / QQQE FAQ
What is the technical rating for QQQE stock?
ChartMill assigns a technical rating of 4 / 10 to QQQE.
What is the current trend direction of DIREXION NASDAQ-100 EQ WEIGH (QQQE) stock?
The current trend direction for DIREXION NASDAQ-100 EQ WEIGH (QQQE) is Bullish.
Can you provide the RSI signal for DIREXION NASDAQ-100 EQ WEIGH?
DIREXION NASDAQ-100 EQ WEIGH (QQQE) has an RSI value of 49.8797. This indicates that the stock is currently neutral.
Can you provide the short term momentum for DIREXION NASDAQ-100 EQ WEIGH?
The short term momentum for DIREXION NASDAQ-100 EQ WEIGH (QQQE) is neutral.
What are the support and resistance levels for DIREXION NASDAQ-100 EQ WEIGH (QQQE) stock?
DIREXION NASDAQ-100 EQ WEIGH (QQQE) has a support level at 103.06 and a resistance level at 103.44. Check the full technical report for our detailed analysis of QQQE support and resistance levels.