WT NASDAQ 100 3X DAILY SHORT (QQQS.MI) Stock Technical Analysis
Europe - Euronext Milan - BIT:QQQS - IE00BLRPRJ20 - ETF
We assign a technical rating of 1 out of 10 to QQQS. QQQS's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The technical rating of QQQS is bad and it also does not present a 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
2.50
2 important resistance areas can be observed.
- A resistance zone ranging from 2.63 to 2.74. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @2.90 from a trend 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 | DOWN | NEGATIVE | The long term trend for QQQS.MI is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for QQQS.MI is down. |
| ChartMill Relative Strength | 3.43 | NEGATIVE | QQQS.MI has a low relative strength, it was outperformed by 96.57% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of QQQS.MI is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of QQQS.MI is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of QQQS.MI is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 44.04 | NEUTRAL | The RSI value for QQQS.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests QQQS.MI has a negative trend. |
| Stochastics (14,3) | 16.11 | OVERSOLD | The low Stochastics value suggests QQQS.MI may be oversold. |
| Average True Range in percent/ATR (20) | 5.93 | HIGH VOLATILITY | The high ATR as a percentage value for QQQS.MI suggests high volalility. |
| Average Directional Index/ADX (14) | 13.77 | NEGATIVE | The low ADX value for QQQS.MI suggests a weak or negative trend. |
BIT:QQQS (11/28/2025, 7:00:00 PM)
2.522
-0.03 (-1.21%)
WT NASDAQ 100 3X DAILY SHORT / QQQS.MI FAQ
What is the ChartMill technical rating of WT NASDAQ 100 3X DAILY SHORT (QQQS.MI) stock?
ChartMill assigns a technical rating of 1 / 10 to QQQS.MI.
What is the current trend direction of WT NASDAQ 100 3X DAILY SHORT (QQQS.MI) stock?
The current trend direction for WT NASDAQ 100 3X DAILY SHORT (QQQS.MI) is Bearish.
What is the RSI signal for WT NASDAQ 100 3X DAILY SHORT (QQQS.MI) stock?
WT NASDAQ 100 3X DAILY SHORT (QQQS.MI) has an RSI value of 44.0376. This indicates that the stock is currently neutral.
Can you provide the short term momentum for WT NASDAQ 100 3X DAILY SHORT?
The short term momentum for WT NASDAQ 100 3X DAILY SHORT (QQQS.MI) is negative.
What is the support and resistance level for QQQS stock?
WT NASDAQ 100 3X DAILY SHORT (QQQS.MI) has a resistance level at 2.63. Check the full technical report for our detailed analysis of QQQS.MI support and resistance levels.