Technical Analysis for QTEC - First Trust NASDAQ-100- Technology Index Fund

Grade Last Price % Change Price Change
A 201.81 0.70% 1.40
QTEC closed up 0.7 percent on Wednesday, July 3, 2024, on 42 percent of normal volume. The bulls were able to push the stock to a new 52-week high. 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 Up

Date Alert Name Type % Chg
New 52 Week Closing High Bullish 0.00%
New 52 Week High 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%
Up 5 Days in a Row Strength 0.00%
New 52 Week Closing High Bullish 0.70%
New 52 Week High Strength 0.70%
Stochastic Reached Overbought Strength 0.70%
Multiple of Ten Bullish Other 0.70%

   Recent Intraday Alerts

Alert Time
60 Minute Opening Range Breakout about 10 hours ago
Rose Above Previous Day's High about 11 hours ago
New 52 Week High about 11 hours ago
New 52 Week High 1 day ago
Up 1% 1 day ago

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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 Technology Sector 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 index is an equal-weighted index based on the securities of the NASDAQ-100 Index(R) that are classified as "technology" according to the Industry Classification Benchmark classification system. The fund is non-diversified.
Classification

Keywords: Exchange Traded Fund ETF Stock Market Index Active Management Industry Classification Nasdaq 100 Index

Top 10 Components

Symbol Grade Price % Change Allocation
TEAM D -0.01 2.59
MDB D 1.95 2.59
DDOG B -0.19 2.57
META B 0.09 2.54
ARM B 2.92 2.52
AAPL A 0.58 2.52
MU C 3.19 2.50
PANW B 0.22 2.49
INTU B 0.56 2.47
ADSK B -0.63 2.46

Is QTEC 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 202.23
52 Week Low 136.9594
Average Volume 75,067
200-Day Moving Average 174.93
50-Day Moving Average 190.01
20-Day Moving Average 195.61
10-Day Moving Average 197.36
Average True Range 2.65
RSI (14) 68.94
ADX 20.14
+DI 38.04
-DI 19.92
Chandelier Exit (Long, 3 ATRs) 194.27
Chandelier Exit (Short, 3 ATRs) 190.83
Upper Bollinger Bands 202.54
Lower Bollinger Band 188.69
Percent B (%b) 0.95
BandWidth 7.08
MACD Line 2.68
MACD Signal Line 2.36
MACD Histogram 0.3207
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 205.10
Resistance 3 (R3) 204.87 203.55 204.55
Resistance 2 (R2) 203.55 202.71 203.66 204.36
Resistance 1 (R1) 202.68 202.20 203.12 202.91 204.18
Pivot Point 201.36 201.36 201.58 201.47 201.36
Support 1 (S1) 200.49 200.52 200.93 200.72 199.44
Support 2 (S2) 199.17 200.01 199.28 199.26
Support 3 (S3) 198.30 199.17 199.07
Support 4 (S4) 198.53