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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.

NASDAQ_QQEW
Open High Low QQEW Price Change
103.443 103.977 103.077 103.706 +0.263
Entry Signal

MarketClub’s Trade Triangles for QQEW

long term up The long-term trend has been UP since Dec 13th, 2022 at 96.339

intermediate term up The intermediate-term trend has been UP since May 17th, 2023 at 99.147

short term up 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).

+100
Smart Scan Analysis for QQEW
Strong Downtrend Sideways 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 High64.331Year High Date2018-08-29
Year Low55.25Year Low Date2018-10-29
52wk High103.9452wk High Date2023-06-06
52wk Low79.7352wk Low Date2022-10-13
Year End Close26.13Average Volume149,161
Shares Outstanding16,550% Institutional59
Market Cap691MAssets1,084M
Liabilities9.3MBeta1.15
Volatility26.59
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