QQQE

Technical Sentiment Analysis for Direxion NASDAQ-100 Equal Weighted Index ETF (QQQE). As of 2026-05-26, Direxion NASDAQ-100 Equal Weighted Index ETF (QQQE) is exhibiting a Strong buy technical sentiment. Our proprietary analysis, which aggregates 15 technical signals, shows that 10 indicators are flashing buy, while 5 are indicating sell.

Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for QQQE stands at 78.88, which suggests a Sell condition. Meanwhile, the MACD (12, 26) indicator is at 2.73, providing a Buy signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 96.22 and the Commodity Channel Index (CCI) at 194.45 further confirm a 4.21 outlook for the ETF.

Support, Resistance & Moving Averages. From a structural perspective, QQQE is trading above its 60-day moving average of $105.63 and above its 200-day long-term moving average of $102.99. Key price levels to watch include the immediate resistance at $118.02 and strong support at $111.23. A break above $118.02 could signal a bull continuation, while falling below $111.23 may test the next Fibonacci floor at $108.13.