


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 4 indicators are flashing buy, while 9 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for QQQU stands at 50.67, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -0.85, providing a Sell signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 86.49 and the Commodity Channel Index (CCI) at 51.85 further confirm a 4.07 outlook for the ETF.
Support, Resistance & Moving Averages. From a structural perspective, QQQU is trading above its 60-day moving average of $55.82 and above its 200-day long-term moving average of $55. Key price levels to watch include the immediate resistance at $55.49 and strong support at $46.3. A break above $55.49 could signal a bull continuation, while falling below $46.3 may test the next Fibonacci floor at $41.46.
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 37.11 | 41.46 | 46.3 | 50.65 | 55.49 | 59.84 | 64.68 |
| Fibonacci | 41.46 | 44.97 | 47.14 | 50.65 | 54.16 | 56.33 | 59.84 |
2026-07-08
| Name | Value |
|---|---|
| Relative Strength Index (RSI) | 50.67 |
| Stochastic Oscillator | 86.49 |
| Stochastic RSI | 80.82 |
| Commodity Channel Index (CCI) | 51.85 |
| Awesome Oscillator | -1.78 |
| Momentum | 4.07 |
| MACD | -0.85 |
2026-07-08
| Period | Simple | Signal |
|---|---|---|
| 5-Day | 53.61 | Buy |
| 10-Day | 51.14 | Buy |
| 20-Day | 51.89 | Buy |
| 60-Day | 55.82 | Sell |
| 200-Day | 55 | Sell |
| 250-Day | 53.97 | Sell |