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Stock Trend Analysis Report

Prepared for you on Saturday, December 7, 2024.

First Trust NASDAQ-100 Equal Weighted Index Fund (NASDAQ:QQEW)

Long-Term Uptrend (+90) - QQEW is in a strong uptrend that is likely to continue. While QQEW is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

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.

NASDAQ_QQEW
Open High Low QQEW Price Change
132.257 133.593 132.257 133.283 +1.019
Entry Signal

MarketClub’s Trade Triangles for QQEW

long term up The long-term trend has been UP since Oct 11th, 2024 at 127.864

intermediate term up The intermediate-term trend has been UP since Nov 6th, 2024 at 128.776

short term up The short-term trend has been UP since Nov 21st, 2024 at 127.791

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).

+90
Smart Scan Analysis for QQEW
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
132.257 133.593 132.257 133.283 +1.019
Prev. Close Volume Bid Ask Time
133.300 0 2024-12-06 17:14:12
Year High64.331Year High Date2018-08-29
Year Low55.25Year Low Date2018-10-29
52wk High133.6852wk High Date2024-12-04
52wk Low109.3652wk Low Date2023-12-07
Year End Close26.13Average Volume55,133
Shares Outstanding16,950% Institutional59
Market Cap691MAssets1,084M
Liabilities9.3MBeta1.15
Volatility26.59
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