FIRST TRUST NASDQ 100 TECH I (QTEC) Stock Technical Analysis
NASDAQ:QTEC - Nasdaq - US3373451026 - ETF - Currency: USD
Taking everything into account, QTEC scores 6 out of 10 in our technical rating. In the last year, QTEC was a medium performer in the overall market. The medium term is still looking fine, but we see some doubts in the very recent evolution.
The long and short term trends are both positive. This is looking good!
QTEC is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so QTEC is lagging the market slightly.
When compared to the yearly performance of all other stocks, QTEC outperforms 62% of them, which is more or less in line with the market.
In the last month QTEC has a been trading in the 191.12 - 211.25 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
QTEC has an average technical rating and it also does not offer a high quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
171.89
212.79
We found 3 important support areas.
- A support zone ranging from 187.26 to 193.62. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @182.95 from a horizontal line in the daily time frame.
- Support @173.63 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 205.38 to 210.68. 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
CRS62.28
Mansfield-0.24
10 Day High211.25
10 Day Low199.79
20 Day High211.25
20 Day Low191.12
52 Week High211.25
52 Week Low164.27
Performance
1 Week-2.58%
2 Weeks-0.68%
1 Month-0.24%
3 Month2.31%
6 Month5.06%
12 Month7.19%
2 Year66.77%
3 Year33.01%
5 Year113.81%
10 Year351.97%
15 Year880.49%
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)0.21
RSI(14)49.89
LBB196.02
UBB211.89
201.49
-6.34 (-3.05%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-3.05%
1 Week-2.58%
2 Weeks-0.68%
1 Month-0.24%
3 Month2.31%
6 Month5.06%
12 Month7.19%
2 Year66.77%
3 Year33.01%
5 Year113.81%
10 Year351.97%
15 Year880.49%
Volatility
ATR(14)3.59
ATR(20)%1.92%
ATR Inc69.43%
Range Today7.28
ADR(20)3.41
ADR(20)%1.69%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS62.28
Mansfield-0.24
10 Day High211.25
10 Day Low199.79
20 Day High211.25
20 Day Low191.12
52 Week High211.25
52 Week Low164.27
CS1 End193.62
CR1 Start205.38
Volume & EV
DER(3)0.76%
DER(5)1.91%
Volume137.30K
Volume Incr-25.48%
Vol(5)108.38K
Vol(50)144.72K