Stock Trend Analysis Report
Prepared for you on Tuesday, October 26, 2021.
Direxion NASDAQ-100 Equal Weighted Index Shares (PACF:QQQE)
Crossroads (+60) - QQQE is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
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 DOWN since Oct 4th, 2021 at 81.4811
The intermediate-term trend has been UP since Oct 19th, 2021 at 85.5667
The short-term trend has been UP since Oct 14th, 2021 at 83.6700
Smart Scan Analysis for QQQE
Based on our trend formula, QQQE is rated as a +60 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||87.79||52wk High Date||2021-09-03|
|52wk Low||62.58||52wk Low Date||2020-10-30|
|Year End Close||37.95||Average Volume||35,231|