Stock Trend Analysis Report
Prepared for you on Tuesday, August 11, 2020.
First Trust NASDAQ ABA Communications (NASDAQ:QABA)
Bull Market Weakness (+75) - QABA is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on QABA as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid QABA?
MarketClub looks at technical strength and momentum to determine if the timing is right for QABA.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QABA
The long-term trend has been DOWN since Feb 24th, 2020 at 48.474
The intermediate-term trend has been UP since Aug 7th, 2020 at 35.495
The short-term trend has been UP since Aug 5th, 2020 at 34.387
Smart Scan Analysis for QABA
Based on our trend formula, QABA is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||58.63||Year High Date||2018-06-07|
|Year Low||45.74||Year Low Date||2018-10-24|
|52wk High||52.6602||52wk High Date||2019-12-20|
|52wk Low||27.44||52wk Low Date||2020-03-23|
|Year End Close||25.5354||Average Volume||22,666|
|Shares Outstanding||2,000||Market Cap||153M|