Technical Analysis for QQQE - Direxion NASDAQ-100 Equal Weighted Index Shares

Grade Last Price % Change Price Change
grade B 48.96 1.62% 0.78
QQQE closed up 1.62 percent on Tuesday, June 18, 2019, on 64 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 overbought territory based on its Slow Stochastic indicator (14, 3, 3) -- sideways movement or a pullback should not be unexpected.

Trend Table & Recent Signals
ADX Long-Term Intermediate-Term Short-Term
Weak or Absent Up Up Up
See historical QQQE trend table...

Date Alert Name Type % Chg
Crossed Above 50 DMA Bullish 0.00%
Pocket Pivot Bullish Swing Setup 0.00%
Gapped Up Strength 0.00%
Overbought Stochastic Strength 0.00%
MACD Bullish Centerline Cross Bullish 1.62%
Narrow Range Bar Range Contraction 1.62%
Overbought Stochastic Strength 1.62%
Narrow Range Bar Range Contraction 1.72%
Overbought Stochastic Strength 1.72%
Gapped Down Weakness 1.72%

Older signals for QQQE ...

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Profile
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.
Index Fund Stock Market Index Security Nasdaq Nasdaq Composite Index Economy Of New York City
Is QQQE a Buy, Sell or Hold?
Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength
Summary: Counts: 3 bullish, 0 bearish and 2 neutral indicators. You may wish to incorporate that into your trading strategies.
Indicators
Indicator Value
52 Week High 50.58
52 Week Low 38.25
Average Volume 47,759
200-Day Moving Average 45.8883
50-Day Moving Average 48.5295
20-Day Moving Average 47.3815
10-Day Moving Average 48.114
Average True Range 0.6627
ADX 21.66
+DI 36.1359
-DI 22.8684
Chandelier Exit (Long, 3 ATRs ) 47.2957
Chandelier Exit (Short, 3 ATRs ) 47.2181
Upper Bollinger Band 49.3334
Lower Bollinger Band 45.4296
Percent B (%b) 0.9
BandWidth 8.239081
MACD Line 0.0955
MACD Signal Line -0.1599
MACD Histogram 0.2554
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 49.85
Resistance 3 (R3) 49.86 49.57 49.70
Resistance 2 (R2) 49.57 49.34 49.57 49.65
Resistance 1 (R1) 49.27 49.20 49.42 49.26 49.60
Pivot Point 48.98 48.98 49.05 48.97 48.98
Support 1 (S1) 48.67 48.75 48.83 48.66 48.32
Support 2 (S2) 48.38 48.61 48.38 48.27
Support 3 (S3) 48.08 48.38 48.22
Support 4 (S4) 48.07