MEGALONG 3X NASDAQ-100 DLA (QQQU.CA) Technical Analysis
TSX:QQQU • CA54315B2012
Current stock price
QQQU.CA Technical Rating and Analysis
Overall QQQU gets a technical rating of 0 out of 10. QQQU'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.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- When comparing the yearly performance of all stocks, QQQU is a bad performer in the overall market: 100% of all stocks are doing better.
- In the last month QQQU has a been trading in the 25.03 - 30.66 range, which is quite wide. It is currently trading near the lows of this range.
- Considerably lower volume is observed in the last couple of days.
QQQU.CA Weekly and Daily overview Charts
QQQU.CA Setup Rating and Analysis
The technical rating of QQQU 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
QQQU.CA Support and Resistance Analysis
25.20
We found 1 important support area.
- A support zone ranging from 25.45 to 25.45. This zone is formed by a combination of multiple trend lines in multiple time frames.
5 important resistance areas can be observed.
- A resistance zone ranging from 27.54 to 27.79. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 29.67 to 30.02. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @32.16 from a trend line in the daily time frame.
- Resistance @32.99 from a horizontal line in the daily time frame.
- Resistance @34.04 from a horizontal line in the daily time frame.
QQQU.CA Technical Indicator Signal Analysis
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 QQQU.CA is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for QQQU.CA is down. |
| 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) | DOWN | NEGATIVE | The current price of QQQU.CA is below a declining SMA(50). |
| Relative Strength Index/RSI (14) | 40 | NEUTRAL | The RSI value for QQQU.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.18 | NEGATIVE | The MACD value suggests QQQU.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 19.95 | OVERSOLD | The low Stochastics value suggests QQQU.CA may be oversold. |
| Average True Range in percent/ATR (20) | 5.49 | HIGH VOLATILITY | The high ATR as a percentage value for QQQU.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 29.89 | POSITIVE | The high ADX value value for QQQU.CA suggests a strong trend. |
QQQU.CA Chart- and CandleStick Pattern Analysis
QQQU.CA Technicals: Chart, Performance Metrics, Trend & Indicators
TSX:QQQU (3/23/2026, 7:00:00 PM)
26.45
+1 (+3.93%)
MEGALONG 3X NASDAQ-100 DLA / QQQU.CA TA FAQ
Can you provide the ChartMill technical rating for MEGALONG 3X NASDAQ-100 DLA?
ChartMill assigns a technical rating of 0 / 10 to QQQU.CA.
What is the current trend direction of MEGALONG 3X NASDAQ-100 DLA (QQQU.CA) stock?
The current trend direction for MEGALONG 3X NASDAQ-100 DLA (QQQU.CA) is Bearish.
What is the RSI signal for QQQU stock?
MEGALONG 3X NASDAQ-100 DLA (QQQU.CA) has an RSI value of 40.0011. This indicates that the stock is currently neutral.
What is the short term momentum for MEGALONG 3X NASDAQ-100 DLA (QQQU.CA) stock?
The short term momentum for MEGALONG 3X NASDAQ-100 DLA (QQQU.CA) is negative.
What are the support and resistance levels for MEGALONG 3X NASDAQ-100 DLA (QQQU.CA) stock?
MEGALONG 3X NASDAQ-100 DLA (QQQU.CA) has a support level at 25.45 and a resistance level at 27.54. Check the full technical report for our detailed analysis of QQQU.CA support and resistance levels.