QQQE

Technical Sentiment Analysis for Direxion NASDAQ-100 Equal Weighted Index Shares (QQQE). As of 2026-03-04, Direxion NASDAQ-100 Equal Weighted Index Shares (QQQE) is exhibiting a Strong buy technical sentiment. Our proprietary analysis, which aggregates 15 technical signals, shows that 11 indicators are flashing buy, while 4 are indicating sell.

Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for QQQE stands at 52.25, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -0.03, providing a Sell signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 71.39 and the Commodity Channel Index (CCI) at 91.9 further confirm a 0.61 outlook for the ETF.

Support, Resistance & Moving Averages. From a structural perspective, QQQE is trading above its 60-day moving average of $103.61 and above its 200-day long-term moving average of $100.52. Key price levels to watch include the immediate resistance at $104.7 and strong support at $101.33. A break above $104.7 could signal a bull continuation, while falling below $101.33 may test the next Fibonacci floor at $99.41.