Technical Analysis for QQEW - First Trust NASDAQ-100 Equal Weighted Index Fund

Grade Last Price % Change Price Change
A 129.38 -0.78% -1.02
QQEW closed down 0.78 percent on Thursday, November 14, 2024, on 4.83 times normal volume. Note that the stock is in overbought territory based on its Slow Stochastic indicator (14, 3, 3) -- so don't be surprised if it goes sideways or a pulls back.
1 Watcher
Watchlist Portfolio

Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Up Up Up

Date Alert Name Type % Chg
Volume Surge Other 0.00%
Multiple of Ten Bearish Other 0.00%
Overbought Stochastic Strength 0.00%
Pocket Pivot Bullish Swing Setup -0.78%
Overbought Stochastic Strength -0.78%
Stochastic Sell Signal Bearish -0.77%
Slingshot Bullish Bullish Swing Setup -0.77%
Upper Bollinger Band Walk Strength -0.77%
Multiple of Ten Bullish Other -0.77%
Overbought Stochastic Strength -0.77%

   Recent Intraday Alerts

Alert Time
60 Minute Opening Range Breakdown about 9 hours ago
10x Volume Pace about 11 hours ago
5x Volume Pace about 11 hours ago
3x Volume Pace about 11 hours ago
2x Volume Pace about 11 hours ago

Get a Trading Assistant

Let us help you stay on top of your investments. We will alert you to important technical developments on your portfolio & watchlist.

Profile

The investment seeks investment results that correspond generally to the price and yield (before the fund's fees and expenses) of an equity index called the NASDAQ-100 Equal Weighted Index(SM). The fund will normally invest at least 90% of its net assets plus the amount of any borrowings for investment purposes in common stocks that comprise the index. The NASDAQ-100 Equal Weighted Index(SM) is the equal-weighted version of the NASDAQ-100 Index(R) which includes 100 of the largest non-financial securities listed on NASDAQ(R) based on market capitalization. The fund is non-diversified.
Classification

Keywords: Exchange Traded Fund ETF Index Fund Stock Market Index Nasdaq 100 Index

Top 10 Components

Symbol Grade Price % Change Allocation
TEAM B -1.10 1.36
NVDA A 0.33 1.22
MRVL B 0.70 1.21
PDD F -0.95 1.20
TSLA B -5.77 1.18
MU D -0.74 1.18
DASH A -1.12 1.16
TTD B -1.08 1.15
BKNG A -0.33 1.15
LULU B 0.60 1.14

Is QQEW a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 130.9495
52 Week Low 106.8421
Average Volume 55,835
200-Day Moving Average 122.53
50-Day Moving Average 125.49
20-Day Moving Average 127.33
10-Day Moving Average 128.65
Average True Range 1.33
RSI (14) 58.85
ADX 19.85
+DI 34.76
-DI 23.90
Chandelier Exit (Long, 3 ATRs) 126.97
Chandelier Exit (Short, 3 ATRs) 127.67
Upper Bollinger Bands 131.84
Lower Bollinger Band 122.81
Percent B (%b) 0.73
BandWidth 7.09
MACD Line 1.31
MACD Signal Line 0.99
MACD Histogram 0.3183
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 131.23
Resistance 3 (R3) 131.34 130.84 130.92
Resistance 2 (R2) 130.84 130.37 130.78 130.82
Resistance 1 (R1) 130.11 130.08 129.86 130.00 130.71
Pivot Point 129.61 129.61 129.48 129.55 129.61
Support 1 (S1) 128.88 129.14 128.63 128.76 128.05
Support 2 (S2) 128.38 128.85 128.32 127.94
Support 3 (S3) 127.65 128.38 127.84
Support 4 (S4) 127.53