Technical Analysis for QQQU - Direxion Daily Concentrated Qs Bull 2X Shares
Grade | Last Price | % Change | Price Change |
---|---|---|---|
A | 35.84 | 4.62% | 1.58 |
ADX | Long Term | Intermediate Term | Short Term |
---|---|---|---|
Strong | N/A | N/A | Up |
Date | Alert Name | Type | % Chg |
---|---|---|---|
MACD Bullish Signal Line Cross | Bullish | 0.00% | |
New 52 Week Closing High | Bullish | 0.00% | |
180 Bullish Setup | Bullish Swing Setup | 0.00% | |
New 52 Week High | Strength | 0.00% | |
Overbought Stochastic | Strength | 0.00% | |
Bearish Engulfing | Bearish | 4.62% | |
MACD Bearish Signal Line Cross | Bearish | 4.62% | |
Slingshot Bullish | Bullish Swing Setup | 4.62% | |
New 52 Week High | Strength | 4.62% | |
Outside Day | Range Expansion | 4.62% |
Alert | Time |
---|---|
Slingshot Bullish Entry | about 10 hours ago |
Rose Above Previous Day's High | about 10 hours ago |
New 52 Week High | about 10 hours ago |
2x Volume Pace | about 10 hours ago |
1.5x Volume Pace | about 10 hours ago |
Free Daily (Stock) Chart Reading
Direxion Daily Concentrated Qs Bull 2X Shares Description
QQQU provides daily 2x exposure to an index comprised of the seven leading companies listed on the NASDAQ exchange that meet certain requirements. It will invest in the securities of the index, financial instruments including swap and futures agreements, and ETFs tracking the index, to provide the leveraged exposure consistent with its objective. To be included in the index, the common stocks or ADRs must have a minimum free float equivalent to 10% of shares outstanding, and have a share price of less than $10,000. After an extensive research, the index provider selects the seven leading constituents that forms the index and equally-weights them. The index is rebalanced and reconstituted quarterly. As a leveraged product with 2x factor that resets daily, QQQU is not a buy-and-hold investment and should not be expected to provide index leverage return greater than a one day period.
Classification
Keywords: Exchange Traded Funds Inverse Exchange Traded Fund
Indicator | Bull Case | Neutral / Hold | Bear Case |
---|---|---|---|
50 DMA | |||
200 DMA | |||
ADX Trend | |||
Oversold / Overbought | |||
Relative Strength |
Indicator | Value |
---|---|
52 Week High | 36.1 |
52 Week Low | 22.4518 |
Average Volume | 9,324 |
200-Day Moving Average | 0.00 |
50-Day Moving Average | 0.00 |
20-Day Moving Average | 32.78 |
10-Day Moving Average | 34.23 |
Average True Range | 0.99 |
RSI (14) | 72.68 |
ADX | 37.11 |
+DI | 38.25 |
-DI | 15.98 |
Chandelier Exit (Long, 3 ATRs) | 33.13 |
Chandelier Exit (Short, 3 ATRs) | 30.89 |
Upper Bollinger Bands | 36.64 |
Lower Bollinger Band | 28.92 |
Percent B (%b) | 0.9 |
BandWidth | 23.56 |
MACD Line | 1.82 |
MACD Signal Line | 1.79 |
MACD Histogram | 0.0333 |
Pivot Point Level | Traditional / Classic | Fibonacci | Demark | Woodie | Camarilla |
---|---|---|---|---|---|
Resistance 4 (R4) | 38.32 | ||||
Resistance 3 (R3) | 38.13 | 37.11 | 37.91 | ||
Resistance 2 (R2) | 37.11 | 36.48 | 37.21 | 37.77 | |
Resistance 1 (R1) | 36.48 | 36.10 | 36.80 | 36.67 | 37.63 |
Pivot Point | 35.46 | 35.46 | 35.62 | 35.56 | 35.46 |
Support 1 (S1) | 34.83 | 34.83 | 35.15 | 35.02 | 34.06 |
Support 2 (S2) | 33.81 | 34.45 | 33.91 | 33.92 | |
Support 3 (S3) | 33.18 | 33.81 | 33.78 | ||
Support 4 (S4) | 33.37 |