FIRST TRUST NASDQ 100 EQ WEI (QQEW) Stock Technical Analysis
NASDAQ:QQEW - Nasdaq - US3373441050 - ETF - Currency: USD
We assign a technical rating of 7 out of 10 to QQEW. Although QQEW is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
The long and short term trends are both positive. This is looking good!
QQEW 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 QQEW has a been trading in the 127.83 - 136.19 range, which is quite wide. It is currently trading near the high of this range.
When compared to the yearly performance of all other stocks, QQEW outperforms 63% of them, which is more or less in line with the market.
Volume is considerably higher in the last couple of days.
Although QQEW has an excellent technical rating, it does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
115.88
137.47
3 important support areas can be observed.
- A support zone ranging from 127.34 to 130.19. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 123.42 to 124.67. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @117.05 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 133.93 to 136.11. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS63.64
Mansfield-0.13
10 Day High136.19
10 Day Low131.22
20 Day High136.19
20 Day Low127.83
52 Week High136.19
52 Week Low113.15
Performance
1 Week-1.27%
2 Weeks-0.29%
1 Month0.93%
3 Month1.46%
6 Month6.47%
12 Month8.81%
2 Year38.04%
3 Year26.8%
5 Year89.94%
10 Year197.05%
15 Year572.8%
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)0.09
RSI(14)52.32
LBB130.02
UBB136.62
NASDAQ:QQEW (2/21/2025, 8:00:01 PM)
132.542
-2.67 (-1.97%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-1.97%
1 Week-1.27%
2 Weeks-0.29%
1 Month0.93%
3 Month1.46%
6 Month6.47%
12 Month8.81%
2 Year38.04%
3 Year26.8%
5 Year89.94%
10 Year197.05%
15 Year572.8%
Volatility
ATR(14)1.55
ATR(20)%1.19%
ATR Inc74.54%
Range Today3.3
ADR(20)1.44
ADR(20)%1.09%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS63.64
Mansfield-0.13
10 Day High136.19
10 Day Low131.22
20 Day High136.19
20 Day Low127.83
52 Week High136.19
52 Week Low113.15
CS1 End130.19
CR1 Start133.93
Volume & EV
DER(3)0.84%
DER(5)-1.52%
Volume70.80K
Volume Incr40.72%
Vol(5)88.22K
Vol(50)61.02K