Free Daily Analysis
Stock Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
First Trust NASDAQ-100-Technology Sector Index Fund (NASDAQ:QTEC)
Bull Market Weakness (+75) - QTEC is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on QTEC as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid QTEC?
MarketClub looks at technical strength and momentum to determine if the timing is right for QTEC.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for QTEC
The long-term trend has been UP since Nov 15th, 2023 at 157.701
The intermediate-term trend has been DOWN since Mar 19th, 2024 at 185.594
The short-term trend has been UP since May 6th, 2024 at 183.555
Smart Scan Analysis for QTEC
Based on our trend formula, QTEC is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 184.454 | 184.454 | 182.974 | 184.194 | -0.262 |
| Prev. Close | Volume | Bid | Ask | Time |
| 184.120 | 0 | 2024-05-08 17:14:41 |
| Year High | 83.4224 | Year High Date | 2018-03-13 |
| Year Low | 67.34 | Year Low Date | 2018-10-29 |
| 52wk High | 196.3 | 52wk High Date | 2024-03-08 |
| 52wk Low | 123.06 | 52wk Low Date | 2023-05-12 |
| Year End Close | 25.85 | Average Volume | 107,742 |
| Shares Outstanding | 750 | % Institutional | 31.7 |
| Market Cap | 2,571M | Assets | 1,089M |
| Liabilities | M | Beta | 1.14 |
| Volatility | 34.92 |