


Technical Sentiment Analysis for Direxion NASDAQ-100 Equal Weighted Index ETF (QQQE). As of 2026-07-07, Direxion NASDAQ-100 Equal Weighted Index ETF (QQQE) is exhibiting a Neutral technical sentiment. Our proprietary analysis, which aggregates 11 technical signals, shows that 6 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 52.46, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at 1.17, providing a Buy signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 43.38 and the Commodity Channel Index (CCI) at 6.15 further confirm a -1.83 outlook for the ETF.
Support, Resistance & Moving Averages. From a structural perspective, QQQE is trading above its 60-day moving average of $114.56 and above its 200-day long-term moving average of $105.98. Key price levels to watch include the immediate resistance at $122.19 and strong support at $117.95. A break above $122.19 could signal a bull continuation, while falling below $117.95 may test the next Fibonacci floor at $115.87.
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 113.71 | 115.87 | 117.95 | 120.11 | 122.19 | 124.35 | 126.43 |
| Fibonacci | 115.87 | 117.49 | 118.49 | 120.11 | 121.73 | 122.73 | 124.35 |
2026-07-07
| Name | Value |
|---|---|
| Relative Strength Index (RSI) | 52.46 |
| Stochastic Oscillator | 43.38 |
| Stochastic RSI | 55.85 |
| Commodity Channel Index (CCI) | 6.15 |
| Awesome Oscillator | 2.15 |
| Momentum | -1.83 |
| MACD | 1.17 |
2026-07-07
| Period | Simple | Signal |
|---|---|---|
| 5-Day | 120.77 | Sell |
| 10-Day | 120.04 | Sell |
| 20-Day | 119.66 | Sell |
| 60-Day | 114.56 | Buy |
| 200-Day | 105.98 | Buy |
| 250-Day | 104.51 | Buy |