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Stock Trend Analysis Report
Prepared for you on Wednesday, June 7, 2023.
First Trust NASDAQ-100 Equal Weighted Index Fund (NASDAQ:QQEW)
Strong Uptrend (+100) - QQEW is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, QQEW continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
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 UP since Dec 13th, 2022 at 96.339
The intermediate-term trend has been UP since May 17th, 2023 at 99.147
The short-term trend has been UP since May 26th, 2023 at 100.911
Smart Scan Analysis for QQEW
Based on our trend formula, QQEW is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 103.443 | 103.977 | 103.077 | 103.706 | +0.263 |
| Prev. Close | Volume | Bid | Ask | Time |
| 103.710 | 0 | 2023-06-06 17:14:46 |
| Year High | 64.331 | Year High Date | 2018-08-29 |
| Year Low | 55.25 | Year Low Date | 2018-10-29 |
| 52wk High | 103.94 | 52wk High Date | 2023-06-06 |
| 52wk Low | 79.73 | 52wk Low Date | 2022-10-13 |
| Year End Close | 26.13 | Average Volume | 149,161 |
| Shares Outstanding | 16,550 | % Institutional | 59 |
| Market Cap | 691M | Assets | 1,084M |
| Liabilities | 9.3M | Beta | 1.15 |
| Volatility | 26.59 |