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Stock Trend Analysis Report

Prepared for you on Monday, August 8, 2022.

Direxion NASDAQ-100 Equal Weighted Index Shares (PACF: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.

PACF_QQQE
Open High Low QQQE Price Change
71.8700 72.6723 71.4242 71.4300 -0.1300
Entry Signal

MarketClub’s Trade Triangles for QQQE

long term up The long-term trend has been UP since Aug 8th, 2022 at 72.105

intermediate term up The intermediate-term trend has been UP since Jul 19th, 2022 at 66.470

short term up The short-term trend has been UP since Jul 28th, 2022 at 68.510

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
71.8700 72.6723 71.4242 71.4300 -0.1300
Prev. Close Volume Bid Ask Time
71.5600 365813 2022-08-08 14:29:51
Year High47.98Year High Date2018-08-29
Year Low41.09Year Low Date2018-10-29
52wk High90.209952wk High Date2021-11-16
52wk Low60.40552wk Low Date2022-06-16
Year End Close37.95Average Volume97,367
Shares Outstanding5,000Assets20M
Volatility27.9
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