Technical Analysis for QQQD - Direxion Shares ETF Trust Direxion Daily Concentrated Qs Bear 1X Shares
ADX | Long Term | Intermediate Term | Short Term |
---|---|---|---|
Weak or Absent | N/A | N/A | Flat |
Date | Alert Name | Type | % Chg |
---|---|---|---|
Gapped Down | Weakness | 0.00% | |
New 52 Week Closing High | Bullish | -5.25% | |
Pocket Pivot | Bullish Swing Setup | -5.25% | |
Calm After Storm | Range Contraction | -5.25% | |
New 52 Week High | Strength | -5.25% | |
Upper Bollinger Band Walk | Strength | -5.25% | |
Above Upper BB | Strength | -5.25% | |
Gapped Up | Strength | -5.25% | |
Crossed Above 20 DMA | Bullish | -1.87% | |
Pocket Pivot | Bullish Swing Setup | -1.87% |
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Direxion Shares ETF Trust Direxion Daily Concentrated Qs Bear 1X Shares Description
QQQD provides daily 1x inverse exposure to an index comprised of the seven leading companies listed on the NASDAQ exchange that meet certain requirements. It will invest in a combination of financial instruments, including swap agreements, futures contracts, or short positions, as well as ETFs tracking the index, to provide the inverse or short exposure consistent with its objective. To be included in the index, the common stocks or ADRs must have a minimum free float equivalent to 10% of shares outstanding, and have a share price of less than $10,000. After an extensive research, the index provider selects the seven leading constituents that forms the index and equally-weights them. The index is rebalanced and reconstituted quarterly. As a leveraged inversed product with -1x factor that resets daily, QQQD is not a buy-and-hold investment and should not be expected to provide index leverage return greater than a one day period.
Classification
Keywords: Exchange Traded Funds Inverse Exchange Traded Fund
Indicator | Bull Case | Neutral / Hold | Bear Case |
---|---|---|---|
50 DMA | |||
200 DMA | |||
ADX Trend | |||
Oversold / Overbought | |||
Relative Strength |
Indicator | Value |
---|---|
52 Week High | 26.29 |
52 Week Low | 23.67 |
Average Volume | 7,725 |
200-Day Moving Average | 0.00 |
50-Day Moving Average | 0.00 |
20-Day Moving Average | 24.46 |
10-Day Moving Average | 24.53 |
Average True Range | 0.54 |
RSI (14) | 53.49 |
ADX | 0.0 |
+DI | 40.90 |
-DI | 39.08 |
Chandelier Exit (Long, 3 ATRs) | 24.68 |
Chandelier Exit (Short, 3 ATRs) | 25.28 |
Upper Bollinger Bands | 25.41 |
Lower Bollinger Band | 23.52 |
Percent B (%b) | 0.57 |
BandWidth | 7.73 |
MACD Line | 0.12 |
MACD Signal Line | 0.00 |
MACD Histogram | 0.1191 |
Pivot Point Level | Traditional / Classic | Fibonacci | Demark | Woodie | Camarilla |
---|---|---|---|---|---|
Resistance 4 (R4) | 25.10 | ||||
Resistance 3 (R3) | 25.15 | 25.04 | 25.01 | ||
Resistance 2 (R2) | 25.04 | 24.91 | 25.01 | 24.98 | |
Resistance 1 (R1) | 24.82 | 24.84 | 24.77 | 24.77 | 24.96 |
Pivot Point | 24.71 | 24.71 | 24.68 | 24.68 | 24.71 |
Support 1 (S1) | 24.49 | 24.58 | 24.44 | 24.44 | 24.24 |
Support 2 (S2) | 24.38 | 24.51 | 24.35 | 24.22 | |
Support 3 (S3) | 24.16 | 24.38 | 24.19 | ||
Support 4 (S4) | 24.11 |