Stock Trend Analysis Report
Prepared for you on Thursday, February 25, 2021.
Direxion NASDAQ-100 Equal WTD (PACF:QQQE)
Countertrend Up (+85) - QQQE is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score 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.
MarketClub’s Trade Triangles for QQQE
The long-term trend has been UP since Jun 1st, 2020 at 57.250
The intermediate-term trend has been UP since Nov 5th, 2020 at 68.680
The short-term trend has been DOWN since Feb 17th, 2021 at 79.765
Smart Scan Analysis for QQQE
Based on our trend formula, QQQE is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||47.98||Year High Date||2018-08-29|
|Year Low||41.09||Year Low Date||2018-10-29|
|52wk High||81.2799||52wk High Date||2021-02-16|
|52wk Low||40.13||52wk Low Date||2020-03-18|
|Year End Close||37.95||Average Volume||46,932|