


Technical Sentiment Analysis for Direxion NASDAQ-100 Equal Weighted Index ETF (QQQE). As of 2026-04-16, 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 65.94, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at 0.73, providing a Buy signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 98.42 and the Commodity Channel Index (CCI) at 183.92 further confirm a 6.13 outlook for the ETF.
Support, Resistance & Moving Averages. From a structural perspective, QQQE is trading above its 60-day moving average of $102.11 and above its 200-day long-term moving average of $101.32. Key price levels to watch include the immediate resistance at $105.95 and strong support at $97.76. A break above $105.95 could signal a bull continuation, while falling below $97.76 may test the next Fibonacci floor at $93.53.
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 89.56 | 93.53 | 97.76 | 101.72 | 105.95 | 109.92 | 114.15 |
| Fibonacci | 93.53 | 96.66 | 98.59 | 101.72 | 104.85 | 106.78 | 109.92 |
2026-04-16
| Name | Value |
|---|---|
| Relative Strength Index (RSI) | 65.94 |
| Stochastic Oscillator | 98.42 |
| Stochastic RSI | 96.22 |
| Commodity Channel Index (CCI) | 183.92 |
| Awesome Oscillator | 2.13 |
| Momentum | 6.13 |
| MACD | 0.73 |
2026-04-16
| Period | Simple | Signal |
|---|---|---|
| 5-Day | 103.42 | Buy |
| 10-Day | 101.98 | Buy |
| 20-Day | 100.29 | Buy |
| 60-Day | 102.11 | Buy |
| 200-Day | 101.32 | Buy |
| 250-Day | 99.56 | Buy |