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Stock Trend Analysis Report
Prepared for you on Friday, April 19, 2024.
Invesco China Technology ETF (PACF:CQQQ)
Long-Term Downtrend (-90) - CQQQ is in a strong downtrend that is likely to continue. While CQQQ is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
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 DOWN since Apr 24th, 2023 at 42.11
The intermediate-term trend has been DOWN since Mar 27th, 2024 at 31.36
The short-term trend has been DOWN since Apr 5th, 2024 at 32.05
Smart Scan Analysis for CQQQ
Based on our trend formula, CQQQ is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 30.3800 | 30.4500 | 30.2501 | 30.4200 | -0.5200 |
| Prev. Close | Volume | Bid | Ask | Time |
| 30.9400 | 94135 | 2024-04-19 15:59:31 |
| Year High | 66.9 | Year High Date | 2018-01-26 |
| Year Low | 37.6308 | Year Low Date | 2018-10-29 |
| 52wk High | 44.59 | 52wk High Date | 2023-04-20 |
| 52wk Low | 27.6801 | 52wk Low Date | 2024-02-05 |
| Year End Close | 22.32 | Average Volume | 199,953 |
| Shares Outstanding | 2,150 | Assets | 194M |
| Beta | 1.12 | Volatility | 46.49 |