Direxion Nasdaq-100 Equal Weighted Index Shares ETF Forecast

Sell candidate since Nov 06, 2025 Loss -1.56%

The Direxion NASDAQ-100 Equal Weighted Index ETF price fell by -1.11% on the last day (Monday, 17th Nov 2025) from $100.63 to $99.51. It has now fallen 3 days in a row. During the last trading day the ETF fluctuated 1.80% from a day low at $99.06 to a day high of $100.84. The price has fallen in 6 of the last 10 days and is down by -3.92% for this period. Volume fell on the last day along with the ETF, which is actually a good sign as volume should follow the ETF. On the last day, the trading volume fell by -51 thousand shares and in total, 235 thousand shares were bought and sold for approximately $23.38 million.

Given the current short-term trend, the ETF is expected to rise 5.61% during the next 3 months and, with a 90% probability hold a price between $105.10 and $112.54 at the end of this 3-month period.

QQQE Signals & Forecast

There are few to no technical positive signals at the moment. The Direxion NASDAQ-100 Equal Weighted Index ETF holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the ETF. Also, there is a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections up, there will be some resistance from the lines at $101.30 and $102.44. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Monday, October 27, 2025, and so far it has fallen -5.44%. Further fall is indicated until a new bottom pivot has been found. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). Volume fell together with the price during the last trading day and this reduces the overall risk as volume should follow the price movements.

Support, Risk & Stop-loss for Direxion NASDAQ-100 Equal Weighted Index ETF

Direxion NASDAQ-100 Equal Weighted Index finds support from accumulated volume at $98.90 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

In general the ETF tends to have very controlled movements and with good liquidity the risk is considered very low in this ETF. During the last day, the ETF moved $1.79 between high and low, or 1.80%. For the last week the ETF has had daily average volatility of 1.27%.

Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.

Trading Expectations (QQQE) For The Upcoming Trading Day Of Tuesday 18th

For the upcoming trading day on Tuesday, 18th we expect Direxion NASDAQ-100 Equal Weighted Index Shares to open at $99.80, and during the day (based on 14 day Average True Range), to move between $98.84 and $100.18, which gives a possible trading interval of +/-$1.35 (+/-1.37%) up or down from last closing price. If Direxion NASDAQ-100 Equal Weighted Index Shares takes out the full calculated possible swing range there will be an estimated 1.37% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $98.90 (0.61%) than the resistance at $103.12 (3.63%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is Direxion NASDAQ-100 Equal Weighted Index Shares ETF A Buy?

The Direxion NASDAQ-100 Equal Weighted Index ETF holds several negative signals and despite the positive trend, we believe Direxion NASDAQ-100 Equal Weighted Index will perform weakly in the next couple of days or weeks. Therefore, we hold a negative evaluation of this ETF.

Current score: -2.223 Sell Candidate Unchanged

Predicted Fair Opening Price

Predicted fair opening price on November 18, 2025 - $99.80 ( 0.293%).

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