


Technical Sentiment Analysis for Defiance Nasdaq 100 Weekly Distribution ETF (QQQY). As of 2026-07-07, Defiance Nasdaq 100 Weekly Distribution ETF (QQQY) is exhibiting a Strong sell technical sentiment. Our proprietary analysis, which aggregates 16 technical signals, shows that 3 indicators are flashing buy, while 13 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for QQQY stands at 42.75, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -0.14, providing a Sell signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 17.53 and the Commodity Channel Index (CCI) at -116.25 further confirm a -1.17 outlook for the ETF.
Support, Resistance & Moving Averages. From a structural perspective, QQQY is trading above its 60-day moving average of $23.64 and above its 200-day long-term moving average of $23.58. Key price levels to watch include the immediate resistance at $24.09 and strong support at $22.95. A break above $24.09 could signal a bull continuation, while falling below $22.95 may test the next Fibonacci floor at $22.4.
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 21.81 | 22.4 | 22.95 | 23.54 | 24.09 | 24.68 | 25.23 |
| Fibonacci | 22.4 | 22.83 | 23.1 | 23.54 | 23.97 | 24.24 | 24.68 |
2026-07-07
| Name | Value |
|---|---|
| Relative Strength Index (RSI) | 42.75 |
| Stochastic Oscillator | 17.53 |
| Stochastic RSI | 29.51 |
| Commodity Channel Index (CCI) | -116.25 |
| Awesome Oscillator | -0.44 |
| Momentum | -1.17 |
| MACD | -0.14 |
2026-07-07
| Period | Simple | Signal |
|---|---|---|
| 5-Day | 23.54 | Sell |
| 10-Day | 23.51 | Sell |
| 20-Day | 23.71 | Sell |
| 60-Day | 23.64 | Sell |
| 200-Day | 23.58 | Sell |
| 250-Day | 24.01 | Sell |