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Stock Trend Analysis Report
Prepared for you on Tuesday, January 25, 2022.
First Trust NASDAQ-100 Equal Weighted Index Fund (NASDAQ:QQEW)
Long-Term Downtrend (-90) - QQEW is in a strong downtrend that is likely to continue. While QQEW 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 QQEW?
MarketClub looks at technical strength and momentum to determine if the timing is right for QQEW.
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 QQEW
The long-term trend has been DOWN since Jan 20th, 2022 at 109.053
The intermediate-term trend has been DOWN since Jan 7th, 2022 at 112.469
The short-term trend has been DOWN since Jan 14th, 2022 at 111.958
Smart Scan Analysis for QQEW
Based on our trend formula, QQEW is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 105.604 | 106.522 | 101.152 | 106.426 | +0.821 |
| Prev. Close | Volume | Bid | Ask | Time |
| 106.350 | 0 | 2022-01-24 17:14:53 |
| Year High | 64.331 | Year High Date | 2018-08-29 |
| Year Low | 55.25 | Year Low Date | 2018-10-29 |
| 52wk High | 121.068 | 52wk High Date | 2021-11-16 |
| 52wk Low | 96.03 | 52wk Low Date | 2021-03-05 |
| Year End Close | 26.13 | Average Volume | 77,827 |
| Shares Outstanding | 11,700 | % Institutional | 59 |
| Market Cap | 691M | Assets | 1,084M |
| Liabilities | 9.3M | Beta | 1.15 |
| Volatility | 26.59 |