


Technical Sentiment Analysis for Direxion Daily Magnificent 7 Bull 2X ETF (QQQU). As of 2026-05-18, Direxion Daily Magnificent 7 Bull 2X ETF (QQQU) is exhibiting a Strong buy technical sentiment. Our proprietary analysis, which aggregates 10 technical signals, shows that 8 indicators are flashing buy, while 2 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for QQQU stands at 64.15, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at 3.01, providing a Buy signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 82.23 and the Commodity Channel Index (CCI) at 77.68 further confirm a 4.28 outlook for the ETF.
Support, Resistance & Moving Averages. From a structural perspective, QQQU is trading below its 60-day moving average of $50.64 and below its 200-day long-term moving average of $54.38. Key price levels to watch include the immediate resistance at $63.81 and strong support at $56.55. A break above $63.81 could signal a bull continuation, while falling below $56.55 may test the next Fibonacci floor at $52.76.
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 49.29 | 52.76 | 56.55 | 60.02 | 63.81 | 67.28 | 71.07 |
| Fibonacci | 52.76 | 55.54 | 57.25 | 60.02 | 62.8 | 64.51 | 67.28 |
2026-05-18
| Name | Value |
|---|---|
| Relative Strength Index (RSI) | 64.15 |
| Stochastic Oscillator | 82.23 |
| Stochastic RSI | 88.09 |
| Commodity Channel Index (CCI) | 77.68 |
| Awesome Oscillator | 7.81 |
| Momentum | 4.28 |
| MACD | 3.01 |
2026-05-18
| Period | Simple | Signal |
|---|---|---|
| 5-Day | 61.43 | Sell |
| 10-Day | 60.33 | Buy |
| 20-Day | 57.89 | Buy |
| 60-Day | 50.64 | Buy |
| 200-Day | 54.38 | Buy |
| 250-Day | 52.04 | Buy |