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Stock Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
Invesco China Technology ETF (PACF:CQQQ)
Countertrend Up (+85) - CQQQ is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid CQQQ?
MarketClub looks at technical strength and momentum to determine if the timing is right for CQQQ.
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 CQQQ
The long-term trend has been UP since May 2nd, 2024 at 34.5200
The intermediate-term trend has been UP since Apr 26th, 2024 at 32.9200
The short-term trend has been DOWN since May 8th, 2024 at 35.6901
Smart Scan Analysis for CQQQ
Based on our trend formula, CQQQ is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 34.8300 | 35.2458 | 34.7200 | 35.1900 | -0.6100 |
| Prev. Close | Volume | Bid | Ask | Time |
| 35.1700 | 119297 | 2024-05-08 15:59:35 |
| Year High | 66.9 | Year High Date | 2018-01-26 |
| Year Low | 37.6308 | Year Low Date | 2018-10-29 |
| 52wk High | 44.045 | 52wk High Date | 2023-07-31 |
| 52wk Low | 27.6801 | 52wk Low Date | 2024-02-05 |
| Year End Close | 22.32 | Average Volume | 211,678 |
| Shares Outstanding | 2,150 | Assets | 194M |
| Beta | 1.12 | Volatility | 46.49 |