Logo image of QQQU

DIREXION DAILY MAGNIFICENT 7 (QQQU) Stock Technical Analysis

NYSEARCA:QQQU - NYSE Arca - US25461A6507 - ETF - Currency: USD

47.1  +0.3 (+0.64%)

After market: 47.5 +0.4 (+0.85%)

Technical Rating and Analysis

10

Taking everything into account, QQQU scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, QQQU has proven to be a steady performer, scoring decent points in every aspect analyzed.

The long and short term trends are both positive. This is looking good!
When comparing the yearly performance of all stocks, we notice that QQQU is one of the better performing stocks in the market, outperforming 91% of all stocks.
QQQU 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 QQQU is lagging the market slightly.
In the last month QQQU has a been trading in the 42.06 - 47.68 range, which is quite wide. It is currently trading near the high of this range.
Weekly and Daily overview Charts
DIREXION DAILY MAGNIFICENT 7 / QQQU Weekly stock chart
DIREXION DAILY MAGNIFICENT 7 / QQQU Daily stock chart
Setup Rating and Analysis

6

Although QQQU has an excellent technical rating, the quality of the presented setup is not ideal 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.

Support and Resistance Analysis

26.30

50.67

When analyzing the support we can see 2 important areas.

  • Support @42.91 from a horizontal line in the daily time frame.
  • Support @26.57 from a trend line in the weekly time frame.

When analyzing the resistance we notice one important area.

  • Resistance @50.17 from a horizontal line in the weekly time frame.
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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorUPPOSITIVEThe long term trend for QQQU is up.
ChartMill Short Term Trend IndicatorUPPOSITIVEThe short term trend for QQQU is up.
ChartMill Relative Strength91.71POSITIVEQQQU has a high relative strength, it outperformed 91.71% off all stocks on the market.
Simple Moving Average/SMA (20)UPPOSITIVEThe current price of QQQU is above the rising SMA(20).
Simple Moving Average/SMA (50)UPPOSITIVEThe current price of QQQU is above the rising SMA(50).
Simple Moving Average/SMA (200)UPPOSITIVEThe current price of QQQU is above the rising SMA(200).
Relative Strength Index/RSI (14)69.54NEUTRALThe RSI value for QQQU is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)0.05POSITIVEThe MACD value suggests QQQU has a positive trend, although the MACD value is declining.
Stochastics (14,3)91.27OVERBOUGHTThe high Stochastics value suggests QQQU may be overbought.
Average True Range in percent/ATR (20)2.13MEDIUM VOLATILITYThe ATR as a percentage value for QQQU suggests some volalility.
Average Directional Index/ADX (14)20.6NEUTRALThe ADX value for QQQU suggests a possible start of a new trend.
Chart- and CandleStick Pattern Analysis
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)
Example Setup

Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.

ENTRYEXITDISTANCECAPITAL
47.6944.313.38 (7.08%)14.13%
An entry @47.69. This is a Buy Stop order right above the 10 day high.An exit @44.31. This is a Stop Loss order right below the 10 day low.The trade has a worst case loss of 3.38 points, which is 7.08%.When investing 14.13% of your capital in this trade, your total portfolio risk will be 1.00%.

  • The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
  • This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
DIREXION DAILY MAGNIFICENT 7 / QQQU Daily stock chart

DIREXION DAILY MAGNIFICENT 7

NYSEARCA:QQQU (7/25/2025, 8:19:12 PM)

After market: 47.5 +0.4 (+0.85%)

47.1

+0.3 (+0.64%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.64%
1 Week1.77%
2 Weeks5.3%
1 Month9.36%
3 Month50.48%
6 Month-4.56%
12 Month48.44%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.9
ATR(20)%2.13%
ATR Inc-24.26%
Range Today0.89
ADR(20)0.87
ADR(20)%1.85%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS91.71
Mansfield1.02
10 Day High47.68
10 Day Low44.32
20 Day High47.68
20 Day Low42.06
52 Week High53.75
52 Week Low22.55
CS1 End42.91
CR1 Start50.17
Volume & EV
DER(3)0.89%
DER(5)-4.05%
Volume58.90K
Volume Incr5.66%
Vol(5)90.36K
Vol(50)92.88K