Technical Analysis for QQQE - Direxion NASDAQ-100 Equal Weighted Index Shares
| Grade | Last Price | % Change | Price Change |
|---|---|---|---|
| B | 89.72 | 0.80% | 0.71 |
QQQE closed up 0.8 percent on Friday, November 1, 2024, on 84 percent of normal volume. The stock rose above its 50 day moving average, improving its intermediate-term outlook by crossing above that important trendline. Note that the stock is in oversold territory based on its Slow Stochastic indicator (14, 3, 3) -- so don't be surprised if it goes sideways or bounces.
| ADX | Long Term | Intermediate Term | Short Term |
|---|---|---|---|
| Weak or Absent | Up | Flat | Down |
| Date | Alert Name | Type | % Chg |
|---|---|---|---|
| Crossed Above 50 DMA | Bullish | 0.00% | |
| Non-ADX 1,2,3,4 Bullish | Bullish Swing Setup | 0.00% | |
| Stochastic Reached Oversold | Weakness | 0.00% | |
| Multiple of Ten Bearish | Other | 0.00% | |
| Strong but Oversold | Other | 0.00% | |
| Inside Day | Range Contraction | 0.00% | |
| Gapped Up | Strength | 0.00% | |
| Oversold Stochastic | Weakness | 0.00% | |
| Fell Below 50 DMA | Bearish | 0.80% | |
| Expansion Pivot Sell Setup | Bearish Swing Setup | 0.80% |
| Alert | Time |
|---|---|
| Possible Inside Day | about 17 hours ago |
| Up 1 ATR | about 21 hours ago |
| 60 Minute Opening Range Breakout | about 21 hours ago |
| Up 1% | about 21 hours ago |
| 50 DMA Support | about 21 hours ago |
Get a Trading Sidekick!
Let us help you stay on top of your investments. We will alert you to important technical developments on your
portfolio & watchlist.
Configure default chart indicators
Basic chart:
The investment seeks investment results, before fees and expenses, that track the NASDAQ-100® Equal Weighted Index.
The fund invests at least 80% of its assets in the equity securities that comprise the index and/or investments that have economic characteristics that are substantially identical to the economic characteristics of the securities that comprise the index. The index is the equal weighted version of the NASDAQ-100 Index® which includes 100 of the largest domestic and international non-financial securities listed on The NASDAQ® Stock Market (the "NASDAQ®") based on market capitalization. The fund is non-diversified.
Keywords: Exchange Traded Fund ETF Index Fund Stock Market Index Nasdaq Composite Index
Classification
Keywords: Exchange Traded Fund ETF Index Fund Stock Market Index Nasdaq Composite Index
| Indicator | Bull Case | Neutral / Hold | Bear Case |
|---|---|---|---|
| 50 DMA | |||
| 200 DMA | |||
| ADX Trend | |||
| Oversold / Overbought | |||
| Relative Strength |
| Indicator | Value |
|---|---|
| 52 Week High | 92.67 |
| 52 Week Low | 73.2711 |
| Average Volume | 251,498 |
| 200-Day Moving Average | 87.70 |
| 50-Day Moving Average | 89.45 |
| 20-Day Moving Average | 90.82 |
| 10-Day Moving Average | 90.48 |
| Average True Range | 1.07 |
| RSI (14) | 46.81 |
| ADX | 13.93 |
| +DI | 19.94 |
| -DI | 24.23 |
| Chandelier Exit (Long, 3 ATRs) | 89.47 |
| Chandelier Exit (Short, 3 ATRs) | 92.05 |
| Upper Bollinger Bands | 92.47 |
| Lower Bollinger Band | 89.17 |
| Percent B (%b) | 0.17 |
| BandWidth | 3.63 |
| MACD Line | 0.14 |
| MACD Signal Line | 0.41 |
| MACD Histogram | -0.2668 |
| Pivot Point Level | Traditional / Classic | Fibonacci | Demark | Woodie | Camarilla |
|---|---|---|---|---|---|
| Resistance 4 (R4) | 90.90 | ||||
| Resistance 3 (R3) | 90.93 | 90.56 | 90.70 | ||
| Resistance 2 (R2) | 90.56 | 90.26 | 90.55 | 90.64 | |
| Resistance 1 (R1) | 90.14 | 90.08 | 90.35 | 90.11 | 90.57 |
| Pivot Point | 89.78 | 89.78 | 89.88 | 89.76 | 89.78 |
| Support 1 (S1) | 89.35 | 89.48 | 89.57 | 89.33 | 88.87 |
| Support 2 (S2) | 88.99 | 89.29 | 88.97 | 88.80 | |
| Support 3 (S3) | 88.57 | 88.99 | 88.74 | ||
| Support 4 (S4) | 88.54 |
