Technical Analysis for QSIX - Pacer Metaurus Nasdaq 100 Dividend Multiplier 600 ETF

Grade Last Price % Change Price Change
B 33.73 0.04% 0.01
QSIX closed up 0.04 percent on Friday, November 8, 2024, on 50 percent of normal volume. The bulls were able to push the stock to a new 52-week high. The price action carved out a bearish shooting star candlestick pattern. That may indicate a downside reversal. Look for price to trade beneath the low of the shooting star for confirmation. 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 N/A N/A Up

Date Alert Name Type % Chg
Shooting Star Candlestick Bearish 0.00%
Lizard Bearish Bearish Day Trade Setup 0.00%
New 52 Week Closing High Bullish 0.00%
Narrow Range Bar Range Contraction 0.00%
New 52 Week High Strength 0.00%
Upper Bollinger Band Walk Strength 0.00%
Above Upper BB Strength 0.00%
Overbought Stochastic Strength 0.00%
Up 3 Days in a Row Strength 0.00%
Up 4 Days in a Row Strength 0.00%

   Recent Intraday Alerts

Alert Time
Rose Above Previous Day's High about 5 hours ago
New 52 Week High about 5 hours ago
2x Volume Pace 1 day ago
3x Volume Pace 1 day ago
Possible Pocket Pivot 1 day ago

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Profile

Pacer Metaurus Nasdaq 100 Dividend Multiplier 600 ETF Description

QSIX is a passively managed fund that aims to deliver six times the dividend yield of the Nasdaq-100 Index without using leverage. The strategy separates the Nasdaq-100's two return components: dividend and price return. For the dividend component, the index holds equally weighted long positions in the three most current annual futures contracts providing exposure to ordinary dividends paid on Nasdaq-100 stocks. The portfolio allocation between the dividend futures component and the Nasdaq-100 stocks component is determined to meet the fund's objective of providing a 600% dividend yield over the next three years. In exchange for the enhanced yield, the fund gets modestly lower exposure to the price performance of the Nasdaq-100. The index is reconstituted and rebalanced annually each December. To collateralize the long positions in dividend futures, the fund may hold US Treasurys with maturity dates similar to the expiration of the futures.


Classification

Keywords: Dividend Nasdaq 100 Dividend Yield Futures Markets Nasdaq 100 Index Dividend Future High Yield Stock Stock Market Index Future

Is QSIX 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 33.7786
52 Week Low 31.53
Average Volume 3,057
200-Day Moving Average 0.00
50-Day Moving Average 0.00
20-Day Moving Average 32.63
10-Day Moving Average 32.75
Average True Range 0.31
RSI (14) 68.05
ADX 15.55
+DI 53.43
-DI 26.92
Chandelier Exit (Long, 3 ATRs) 32.86
Chandelier Exit (Short, 3 ATRs) 32.92
Upper Bollinger Bands 33.55
Lower Bollinger Band 31.70
Percent B (%b) 1.1
BandWidth 5.69
MACD Line 0.29
MACD Signal Line 0.18
MACD Histogram 0.1126
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 33.82
Resistance 3 (R3) 33.83 33.80 33.81
Resistance 2 (R2) 33.80 33.78 33.80 33.80
Resistance 1 (R1) 33.77 33.77 33.79 33.76 33.80
Pivot Point 33.74 33.74 33.75 33.74 33.74
Support 1 (S1) 33.71 33.72 33.73 33.70 33.67
Support 2 (S2) 33.69 33.71 33.68 33.67
Support 3 (S3) 33.65 33.69 33.66
Support 4 (S4) 33.65