Free Daily Analysis

Stock Trend Analysis Report

Prepared for you on Sunday, April 5, 2020.

Direxion NASDAQ-100 Equal WTD (PACF:QQQE)

Long-Term Downtrend (-90) - QQQE is in a strong downtrend that is likely to continue. While QQQE is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

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
45.010 45.255 44.080 44.430 -0.650
Entry Signal

MarketClub’s Trade Triangles for QQQE

long term down The long-term trend has been DOWN since Feb 28th, 2020 at 51.6100

intermediate term down The intermediate-term trend has been DOWN since Feb 25th, 2020 at 55.2200

short term down The short-term trend has been DOWN since Apr 1st, 2020 at 45.3788

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
45.010 45.255 44.080 44.430 -0.650
Prev. Close Volume Bid Ask Time
46.901 67933 2020-04-03 15:59:54
Year High47.98Year High Date2018-08-29
Year Low41.09Year Low Date2018-10-29
52wk High59.62952wk High Date2020-02-19
52wk Low40.1352wk Low Date2020-03-18
Year End Close37.95Average Volume121,922
Shares Outstanding4,350Assets20M
Volatility27.9
Get a free daily analysis and signals for Direxion NASDAQ-100 Equal WTD (QQQE) - Request Your Free Report.