INVESCO QQQ TRUST SERIES 1 (QQQ)

US46090E1038 - ETF

514.17  -2.3 (-0.45%)

Premarket: 508.1 -6.07 (-1.18%)

Technical Rating and Analysis

10

Taking everything into account, QQQ scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, QQQ is showing a nice and steady performance.

The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
Looking at the yearly performance, QQQ did better than 81% of all other stocks. On top of that, QQQ also shows a nice and consistent pattern of rising prices.
QQQ is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so QQQ is performing more or less in line with the market.
QQQ has an average volume of 28603500 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month QQQ has a been trading in the 497.56 - 539.15 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Weekly and Daily overview Charts
QQQ Weekly chart
QQQ Daily chart
Setup Rating and Analysis

2

Although QQQ has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.

Support and Resistance Analysis

441.92

543.56

4 important support areas can be observed.

  • A support zone ranging from 504.42 to 511.66. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 481.27 to 485.21. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @459.99 from a trend line in the daily time frame.
  • A support zone ranging from 446.38 to 448.68. This zone is formed by a combination of multiple trend lines in multiple time frames.

We found 1 important resistance area.

  • A resistance zone ranging from 519.00 to 538.18. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS81.99
Mansfield0.22
10 Day High539.15
10 Day Low513.83
20 Day High539.15
20 Day Low497.56
52 Week High539.15
52 Week Low395.34
Performance
1 Week-2.34%
2 Weeks-1.46%
1 Month2.19%
3 Month6.58%
6 Month7.08%
12 Month25.9%
2 Year93.09%
3 Year29.24%
5 Year141.84%
10 Year397.99%
15 Year1023.87%
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)-1.05
RSI(14)48.12
LBB509.73
UBB538.6
QQQ Daily chart

INVESCO QQQ TRUST SERIES 1

NASDAQ:QQQ (12/19/2024, 8:00:01 PM)

Premarket: 508.1 -6.07 (-1.18%)

514.17

-2.3 (-0.45%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.45%
1 Week-2.34%
2 Weeks-1.46%
1 Month2.19%
3 Month6.58%
6 Month7.08%
12 Month25.9%
2 Year93.09%
3 Year29.24%
5 Year141.84%
10 Year397.99%
15 Year1023.87%
Volatility
ATR(14)7.07
ATR(20)%1.32%
ATR Inc155.59%
Range Today7.93
ADR(20)6.02
ADR(20)%1.17%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS81.99
Mansfield0.22
10 Day High539.15
10 Day Low513.83
20 Day High539.15
20 Day Low497.56
52 Week High539.15
52 Week Low395.34
CS1 End511.66
CR1 Start519
Volume & EV
DER(3)-2.65%
DER(5)-1.24%
Volume46.44M
Volume Incr44.98%
Vol(5)38.10M
Vol(50)28.60M