Technical Analysis for QQQN - VictoryShares Nasdaq Next 50 ETF

Grade Last Price % Change Price Change
A 31.65 0.00% 0.00
QQQN closed unchanged on Wednesday, October 23, 2024, on 6 percent of normal volume. The stock exhibited some range contraction during this trading session as price made an NR7 -- narrowest range of the last seven sessions. 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.
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Trend Table & Recent EOD Trading Signals

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

Date Alert Name Type % Chg
Stochastic Sell Signal Bearish 0.00%
Non-ADX 1,2,3,4 Bullish Bullish Swing Setup 0.00%
NR7 Range Contraction 0.00%
Narrow Range Bar Range Contraction 0.00%
Inside Day Range Contraction 0.00%
Overbought Stochastic Strength 0.00%
Non-ADX 1,2,3,4 Bullish Bullish Swing Setup 0.00%
Narrow Range Bar Range Contraction 0.00%
Overbought Stochastic Strength 0.00%
Gapped Down Weakness 0.00%

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Profile

The investment seeks to provide investment results that track the performance of the Nasdaq Q-50 Index before fees and expenses. The fund seeks to achieve its investment objective by investing at least 80% of its assets in securities in the index. The index is composed of the 50 largest nonfinancial domestic and international companies listed on The Nasdaq Stock Market based on market capitalization after excluding the companies included in the Nasdaq-100 Index.
Classification

Keywords: Index Fund Stock Market Index Nasdaq 100 Index

Top 10 Components

Symbol Grade Price % Change Allocation
APP B -3.46 4.61
ALNY C 2.75 3.68
MSTR B -6.05 3.64
MPWR F 0.01 3.59
AXON B 0.55 3.25
TSCO D 0.40 3.07
EBAY D 1.04 3.03
NTAP D 0.69 2.37
UAL A 2.81 2.36
CHKP F -1.56 2.26

Is QQQN 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 31.86
52 Week Low 22.4506
Average Volume 6,312
200-Day Moving Average 28.93
50-Day Moving Average 30.40
20-Day Moving Average 31.39
10-Day Moving Average 31.63
Average True Range 0.26
RSI (14) 60.78
ADX 22.76
+DI 35.39
-DI 25.75
Chandelier Exit (Long, 3 ATRs) 31.08
Chandelier Exit (Short, 3 ATRs) 31.38
Upper Bollinger Bands 31.98
Lower Bollinger Band 30.81
Percent B (%b) 0.72
BandWidth 3.73
MACD Line 0.40
MACD Signal Line 0.43
MACD Histogram -0.0334
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 31.65
Resistance 3 (R3) 31.65 31.65 31.65
Resistance 2 (R2) 31.65 31.65 31.65 31.65
Resistance 1 (R1) 31.65 31.65 31.65 31.65 31.65
Pivot Point 31.65 31.65 31.65 31.65 31.65
Support 1 (S1) 31.65 31.65 31.65 31.65 31.65
Support 2 (S2) 31.65 31.65 31.65 31.65
Support 3 (S3) 31.65 31.65 31.65
Support 4 (S4) 31.65