INVESCO CHINA TECHNOLOGY ETF (CQQQ) Stock Technical Analysis
NYSEARCA:CQQQ - NYSE Arca - US46138E8003 - ETF - Currency: USD
Overall CQQQ gets a technical rating of 10 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, CQQQ is showing a nice and steady performance.
Both the short term and long term trends are positive. This is a very positive sign.
Looking at the yearly performance, CQQQ did better than 93% of all other stocks. On top of that, CQQQ also shows a nice and consistent pattern of rising prices.
CQQQ is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month CQQQ has a been trading in the 39.93 - 50.62 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although CQQQ has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
30.08
49.94
When analyzing the support we can see 3 important areas.
- A support zone ranging from 38.73 to 38.78. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @33.14 from a trend line in the weekly time frame.
- Support @30.38 from a horizontal line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS93.13
Mansfield2.54
10 Day High50.62
10 Day Low43.31
20 Day High50.62
20 Day Low39.93
52 Week High50.98
52 Week Low30.25
Performance
1 Week8.18%
2 Weeks15.7%
1 Month26.02%
3 Month26.08%
6 Month52.29%
12 Month56.14%
2 Year13.81%
3 Year-11.49%
5 Year-8.75%
10 Year38.09%
15 Year91.44%
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)0.58
RSI(14)81.52
LBB39.8
UBB50.19
49.45
+1.42 (+2.96%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg2.96%
1 Week8.18%
2 Weeks15.7%
1 Month26.02%
3 Month26.08%
6 Month52.29%
12 Month56.14%
2 Year13.81%
3 Year-11.49%
5 Year-8.75%
10 Year38.09%
15 Year91.44%
Volatility
ATR(14)1.27
ATR(20)%2.41%
ATR Inc68.7%
Range Today1.35
ADR(20)0.85
ADR(20)%1.73%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS93.13
Mansfield2.54
10 Day High50.62
10 Day Low43.31
20 Day High50.62
20 Day Low39.93
52 Week High50.98
52 Week Low30.25
CS1 End38.78
CR1 StartN/A
Volume & EV
DER(3)1.16%
DER(5)-0.19%
Volume1.17M
Volume Incr158.6%
Vol(5)1.23M
Vol(50)407.26K