WT NASDAQ 100 3X DAILY SHORT (QQQS.MI) Stock Technical Analysis
BIT:QQQS - IE00BLRPRJ20 - ETF
3.34 EUR
+0.01 (+0.44%)
Taking everything into account, QQQS scores 1 out of 10 in our technical rating. 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 short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
When comparing the yearly performance of all stocks, QQQS is a bad performer in the overall market: 97% of all stocks are doing better.
QQQS is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
In the last month QQQS has a been trading in the 3.00 - 3.58 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
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
3.31
6.20
2 important resistance areas can be observed.
- A resistance zone ranging from 3.55 to 3.57. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @6.14 from a trend line in the weekly 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 | 3.19 | NEGATIVE | QQQS.MI has a low relative strength, it was outperformed by 96.81% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of QQQS.MI is above 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) | 48.77 | NEUTRAL | The RSI value for QQQS.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests QQQS.MI has a positive trend. |
| Stochastics (14,3) | 46.18 | NEUTRAL | The Stochastics value for QQQS.MI is a neutral value. |
| Average True Range in percent/ATR (20) | 3.43 | MEDIUM VOLATILITY | The ATR as a percentage value for QQQS.MI suggests some volalility. |
| Average Directional Index/ADX (14) | 26.74 | POSITIVE | The high ADX value value for QQQS.MI suggests a strong trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
BIT:QQQS (8/21/2025, 7:00:00 PM)
3.34
+0.01 (+0.44%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.44%
1 Week7.9%
2 Weeks-2.24%
1 Month1.46%
3 Month-28.02%
6 Month-38.38%
12 Month-53.44%
2 Year-78.18%
3 Year-91.8%
5 Year2346.89%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.13
ATR(20)%3.43%
ATR Inc65.73%
Range Today0.09
ADR(20)0.09
ADR(20)%2.66%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS3.19
Mansfield-4.72
10 Day High3.43
10 Day Low3
20 Day High3.58
20 Day Low3
52 Week High11.19
52 Week Low3
CS1 EndN/A
CR1 Start3.55
Volume & EV
DER(3)0%
DER(5)0%
Volume691.25K
Volume Incr21.37%
Vol(5)652.47K
Vol(50)520.50K