MEGALONG 3X NASDAQ-100 DLA (QQQU.CA) Stock Technical Analysis
Canada - TSX:QQQU - CA54315B2012 - ETF
Overall QQQU gets a technical rating of 4 out of 10. In the last year, QQQU was among the worst performers in the market. Also the short term picture is negative, the medium term is unclear at the moment.
QQQU has an average technical rating and it also does not offer a high quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
29.41
We found 3 important support areas.
- Support @32.35 from a trend line in the daily time frame.
- A support zone ranging from 31.11 to 31.30. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 29.71 to 29.71. 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 35.88 to 36.31. This zone is formed by a combination of multiple trend lines 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 QQQU.CA is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for QQQU.CA is neutral. |
| ChartMill Relative Strength | 0 | NEGATIVE | QQQU.CA has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of QQQU.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of QQQU.CA is above the rising SMA(50). |
| Relative Strength Index/RSI (14) | 48.85 | NEUTRAL | The RSI value for QQQU.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.2 | NEGATIVE | The MACD value suggests QQQU.CA has a negative trend. |
| Stochastics (14,3) | 50.87 | NEUTRAL | The Stochastics value for QQQU.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 4.32 | MEDIUM VOLATILITY | The ATR as a percentage value for QQQU.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 16.78 | NEGATIVE | The low ADX value for QQQU.CA suggests a weak or negative trend. |
TSX:QQQU (11/6/2025, 7:00:00 PM)
32.94
-2.16 (-6.15%)
MEGALONG 3X NASDAQ-100 DLA / QQQU.CA FAQ
Can you provide the ChartMill technical rating for MEGALONG 3X NASDAQ-100 DLA?
ChartMill assigns a technical rating of 4 / 10 to QQQU.CA.
What is the trend direction for QQQU stock?
The current trend direction for MEGALONG 3X NASDAQ-100 DLA (QQQU.CA) is Bullish.
What is the RSI signal for QQQU stock?
MEGALONG 3X NASDAQ-100 DLA (QQQU.CA) has an RSI value of 48.8533. This indicates that the stock is currently neutral.
Can you provide the MACD signal for MEGALONG 3X NASDAQ-100 DLA?
The MACD indicator for MEGALONG 3X NASDAQ-100 DLA (QQQU.CA) has a value of -0.198926, indicating a bearish trend.