


Technical Sentiment Analysis for Direxion Daily Magnificent 7 Bull 2X ETF (QQQU). As of 2026-06-05, Direxion Daily Magnificent 7 Bull 2X ETF (QQQU) is exhibiting a Buy technical sentiment. Our proprietary analysis, which aggregates 15 technical signals, shows that 9 indicators are flashing buy, while 6 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for QQQU stands at 40.23, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at 0.84, providing a Buy signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 15.72 and the Commodity Channel Index (CCI) at -251.32 further confirm a -5.14 outlook for the ETF.
Support, Resistance & Moving Averages. From a structural perspective, QQQU is trading below its 60-day moving average of $53.07 and below its 200-day long-term moving average of $55.06. Key price levels to watch include the immediate resistance at $63.85 and strong support at $55.82. A break above $63.85 could signal a bull continuation, while falling below $55.82 may test the next Fibonacci floor at $51.38.
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 47.79 | 51.38 | 55.82 | 59.41 | 63.85 | 67.44 | 71.88 |
| Fibonacci | 51.38 | 54.45 | 56.34 | 59.41 | 62.48 | 64.37 | 67.44 |
2026-06-05
| Name | Value |
|---|---|
| Relative Strength Index (RSI) | 40.23 |
| Stochastic Oscillator | 15.72 |
| Stochastic RSI | 24.43 |
| Commodity Channel Index (CCI) | -251.32 |
| Awesome Oscillator | 0.96 |
| Momentum | -5.14 |
| MACD | 0.84 |
2026-06-05
| Period | Simple | Signal |
|---|---|---|
| 5-Day | 58.94 | Sell |
| 10-Day | 60.26 | Sell |
| 20-Day | 60.54 | Sell |
| 60-Day | 53.07 | Buy |
| 200-Day | 55.06 | Buy |
| 250-Day | 53.13 | Buy |