


Technical Sentiment Analysis for Direxion Daily Magnificent 7 Bull 2X ETF (QQQU). As of 2026-07-08, Direxion Daily Magnificent 7 Bull 2X ETF (QQQU) is exhibiting a Strong sell technical sentiment. Our proprietary analysis, which aggregates 13 technical signals, shows that 3 indicators are flashing buy, while 10 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for QQQU stands at 49.31, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -0.89, providing a Sell signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 84.46 and the Commodity Channel Index (CCI) at 47.74 further confirm a 3.51 outlook for the ETF.
Support, Resistance & Moving Averages. From a structural perspective, QQQU is trading above its 60-day moving average of $55.81 and above its 200-day long-term moving average of $54.99. Key price levels to watch include the immediate resistance at $55.45 and strong support at $46.26. A break above $55.45 could signal a bull continuation, while falling below $46.26 may test the next Fibonacci floor at $41.44.
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 37.07 | 41.44 | 46.26 | 50.63 | 55.45 | 59.82 | 64.64 |
| Fibonacci | 41.44 | 44.95 | 47.12 | 50.63 | 54.14 | 56.31 | 59.82 |
2026-07-08
| Name | Value |
|---|---|
| Relative Strength Index (RSI) | 49.31 |
| Stochastic Oscillator | 84.46 |
| Stochastic RSI | 80.14 |
| Commodity Channel Index (CCI) | 47.74 |
| Awesome Oscillator | -1.76 |
| Momentum | 3.51 |
| MACD | -0.89 |
2026-07-08
| Period | Simple | Signal |
|---|---|---|
| 5-Day | 53.5 | Sell |
| 10-Day | 51.08 | Buy |
| 20-Day | 51.86 | Buy |
| 60-Day | 55.81 | Sell |
| 200-Day | 54.99 | Sell |
| 250-Day | 53.97 | Sell |