Free Daily Analysis

Stock Trend Analysis Report

Prepared for you on Saturday, December 9, 2023.

Direxion NASDAQ-100 Equal Weighted Index Shares (NASDAQ:QQQE)

Long-Term Uptrend (+90) - QQQE is in a strong uptrend that is likely to continue. While QQQE is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

Is it time to buy, sell, or avoid QQQE?

MarketClub looks at technical strength and momentum to determine if the timing is right for QQQE.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NASDAQ_QQQE
Open High Low QQQE Price Change
79.412 79.808 79.021 79.568 +0.155
Entry Signal

MarketClub’s Trade Triangles for QQQE

long term up The long-term trend has been UP since Dec 1st, 2023 at 79.467

intermediate term up The intermediate-term trend has been UP since Nov 14th, 2023 at 75.380

short term up The short-term trend has been UP since Nov 10th, 2023 at 75.263

Smart Scan Analysis for QQQE

Based on our trend formula, QQQE is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for QQQE
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
79.412 79.808 79.021 79.568 +0.155
Prev. Close Volume Bid Ask Time
79.420 0 2023-12-08 16:29:21
52wk High8152wk High Date2023-07-31
52wk Low62.4252wk Low Date2022-12-28
Average Volume196,254Shares Outstanding5,000
Get a free daily analysis and signals for Direxion NASDAQ-100 Equal Weighted Index Shares (QQQE) - Request Your Free Report.