


Technical Sentiment Analysis for Direxion NASDAQ-100 Equal Weighted Index ETF (QQQE). As of 2026-03-24, Direxion NASDAQ-100 Equal Weighted Index ETF (QQQE) is exhibiting a Sell technical sentiment. Our proprietary analysis, which aggregates 13 technical signals, shows that 5 indicators are flashing buy, while 8 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for QQQE stands at 38.11, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -0.99, providing a Sell signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 14.88 and the Commodity Channel Index (CCI) at -147.01 further confirm a -3.52 outlook for the ETF.
Support, Resistance & Moving Averages. From a structural perspective, QQQE is trading above its 60-day moving average of $103.05 and above its 200-day long-term moving average of $100.98. Key price levels to watch include the immediate resistance at $102.59 and strong support at $98.19. A break above $102.59 could signal a bull continuation, while falling below $98.19 may test the next Fibonacci floor at $96.06.
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 93.79 | 96.06 | 98.19 | 100.46 | 102.59 | 104.86 | 106.99 |
| Fibonacci | 96.06 | 97.74 | 98.78 | 100.46 | 102.14 | 103.18 | 104.86 |
2026-03-24
| Name | Value |
|---|---|
| Relative Strength Index (RSI) | 38.11 |
| Stochastic Oscillator | 14.88 |
| Stochastic RSI | 16.07 |
| Commodity Channel Index (CCI) | -147.01 |
| Awesome Oscillator | -2.1 |
| Momentum | -3.52 |
| MACD | -0.99 |
2026-03-24
| Period | Simple | Signal |
|---|---|---|
| 5-Day | 99.67 | Sell |
| 10-Day | 100.32 | Sell |
| 20-Day | 101.78 | Sell |
| 60-Day | 103.05 | Sell |
| 200-Day | 100.98 | Sell |
| 250-Day | 98.52 | Buy |