


Technical Sentiment Analysis for Direxion NASDAQ-100 Equal Weighted Index ETF (QQQE). As of 2026-05-06, Direxion NASDAQ-100 Equal Weighted Index ETF (QQQE) is exhibiting a Strong buy technical sentiment. Our proprietary analysis, which aggregates 16 technical signals, shows that 10 indicators are flashing buy, while 6 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for QQQE stands at 75.95, which suggests a Sell condition. Meanwhile, the MACD (12, 26) indicator is at 2.49, providing a Buy signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 95.27 and the Commodity Channel Index (CCI) at 148.68 further confirm a 4.68 outlook for the ETF.
Support, Resistance & Moving Averages. From a structural perspective, QQQE is trading above its 60-day moving average of $103.2 and above its 200-day long-term moving average of $102.01. Key price levels to watch include the immediate resistance at $112.45 and strong support at $106.53. A break above $112.45 could signal a bull continuation, while falling below $106.53 may test the next Fibonacci floor at $103.68.
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 100.62 | 103.68 | 106.53 | 109.6 | 112.45 | 115.51 | 118.36 |
| Fibonacci | 103.68 | 105.94 | 107.34 | 109.6 | 111.86 | 113.25 | 115.51 |
2026-05-06
| Name | Value |
|---|---|
| Relative Strength Index (RSI) | 75.95 |
| Stochastic Oscillator | 95.27 |
| Stochastic RSI | 95.25 |
| Commodity Channel Index (CCI) | 148.68 |
| Awesome Oscillator | 6.81 |
| Momentum | 4.68 |
| MACD | 2.49 |
2026-05-06
| Period | Simple | Signal |
|---|---|---|
| 5-Day | 110.76 | Buy |
| 10-Day | 109.38 | Buy |
| 20-Day | 107.06 | Buy |
| 60-Day | 103.2 | Buy |
| 200-Day | 102.01 | Buy |
| 250-Day | 100.82 | Buy |