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.
MarketClub’s Trade Triangles for QQQE
The long-term trend has been DOWN since Feb 28th, 2020 at 51.6100
The intermediate-term trend has been DOWN since Feb 25th, 2020 at 55.2200
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).
|Year High||47.98||Year High Date||2018-08-29|
|Year Low||41.09||Year Low Date||2018-10-29|
|52wk High||59.629||52wk High Date||2020-02-19|
|52wk Low||40.13||52wk Low Date||2020-03-18|
|Year End Close||37.95||Average Volume||121,922|