INVESCO QQQ TRUST SERIES 1 (QQQ) Stock Technical Analysis
NASDAQ:QQQ - Nasdaq - US46090E1038 - ETF - Currency: USD
Taking everything into account, QQQ scores 1 out of 10 in our technical rating. QQQ has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
QQQ is currently trading in the lower part of its 52 week range, which is not a good signal. Agreed, the S&P500 Index is also not doing fantastic, but it still sitting in the middle of its 52 week range.
QQQ has an average volume of 50847700 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When compared to the yearly performance of all other stocks, QQQ outperforms 45% of them, which is more or less in line with the market.
In the last month QQQ has a been trading in the 402.39 - 493.62 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
QQQ has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 425.76, a Stop Loss order could be placed below this zone.
More info and screens
410.50
543.55
We found 1 important support area.
- A support zone ranging from 414.65 to 425.76. This zone is formed by a combination of multiple trend lines in multiple time frames.
4 important resistance areas can be observed.
- A resistance zone ranging from 455.36 to 457.00. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 493.47 to 497.50. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @524.54 from a horizontal line in the daily time frame.
- Resistance @538.17 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS45.98
Mansfield-0.19
10 Day High467.83
10 Day Low409.79
20 Day High493.62
20 Day Low402.39
52 Week High540.81
52 Week Low402.39
Performance
1 Week-2.84%
2 Weeks4.91%
1 Month-9.41%
3 Month-16.08%
6 Month-10.26%
12 Month3.13%
2 Year37.8%
3 Year41.89%
5 Year103.04%
10 Year312.97%
15 Year802.68%
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)0.69
RSI(14)43.7
LBB412.62
UBB478.41
444.48
+11.37 (+2.63%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg2.63%
1 Week-2.84%
2 Weeks4.91%
1 Month-9.41%
3 Month-16.08%
6 Month-10.26%
12 Month3.13%
2 Year37.8%
3 Year41.89%
5 Year103.04%
10 Year312.97%
15 Year802.68%
Volatility
ATR(14)22.71
ATR(20)%4.2%
ATR Inc-30.6%
Range Today9.96
ADR(20)16.02
ADR(20)%3.6%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS45.98
Mansfield-0.19
10 Day High467.83
10 Day Low409.79
20 Day High493.62
20 Day Low402.39
52 Week High540.81
52 Week Low402.39
CS1 End425.76
CR1 Start455.36
Volume & EV
DER(3)1.44%
DER(5)0.95%
Volume51.75M
Volume Incr-30.23%
Vol(5)44.51M
Vol(50)50.85M