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Stock Trend Analysis Report
Prepared for you on Tuesday, February 4, 2025.
Direxion NASDAQ-100 Equal Weighted Index Shares (NASDAQ: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.
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MarketClub’s Trade Triangles for QQQE
The long-term trend has been UP since Oct 11th, 2024 at 92.034
The intermediate-term trend has been UP since Jan 17th, 2025 at 92.601
The short-term trend has been DOWN since Feb 3rd, 2025 at 92.812
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 93.824 | 94.504 | 93.561 | 94.389 | +0.564 |
| Prev. Close | Volume | Bid | Ask | Time |
| 93.760 | 0 | 2025-02-04 16:28:59 |
| 52wk High | 96.39 | 52wk High Date | 2024-12-09 |
| 52wk Low | 81.45 | 52wk Low Date | 2024-08-05 |
| Average Volume | 242,237 | Shares Outstanding | 5,000 |