Free Daily Analysis
Stock Trend Analysis Report
Prepared for you on Monday, September 16, 2024.
Direxion Daily Magnificent 7 Bull 2X Shares (PACF:QQQU)
Bull Market Weakness (+75) - QQQU is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on QQQU as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid QQQU?
MarketClub looks at technical strength and momentum to determine if the timing is right for QQQU.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for QQQU
The long-term trend has been UP since May 15th, 2024 at 27.75
The intermediate-term trend has been DOWN since Jul 24th, 2024 at 34.45
The short-term trend has been UP since Sep 11th, 2024 at 31.91
Smart Scan Analysis for QQQU
Based on our trend formula, QQQU is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 32.8100 | 32.8187 | 31.9700 | 32.8187 | -0.5413 |
| Prev. Close | Volume | Bid | Ask | Time |
| 33.3600 | 11860 | 2024-09-16 15:07:50 |
| 52wk High | 41.93 | 52wk High Date | 2024-07-10 |
| 52wk Low | 22.5 | 52wk Low Date | 2024-04-25 |
| Average Volume | 21,565 |