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Stock Trend Analysis Report
Prepared for you on Wednesday, November 20, 2024.
First Trust NASDAQ-100 Equal Weighted Index Fund (NASDAQ:QQEW)
Countertrend Up (+85) - QQEW is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score 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.
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MarketClub’s Trade Triangles for QQEW
The long-term trend has been UP since Oct 11th, 2024 at 127.864
The intermediate-term trend has been UP since Nov 6th, 2024 at 128.776
The short-term trend has been DOWN since Nov 14th, 2024 at 129.596
Smart Scan Analysis for QQEW
Based on our trend formula, QQEW is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 127.022 | 127.536 | 126.094 | 127.391 | +0.364 |
| Prev. Close | Volume | Bid | Ask | Time |
| 127.290 | 0 | 2024-11-19 17:14:28 |
| Year High | 64.331 | Year High Date | 2018-08-29 |
| Year Low | 55.25 | Year Low Date | 2018-10-29 |
| 52wk High | 130.9495 | 52wk High Date | 2024-11-11 |
| 52wk Low | 107.8 | 52wk Low Date | 2023-11-20 |
| Year End Close | 26.13 | Average Volume | 63,429 |
| Shares Outstanding | 16,950 | % Institutional | 59 |
| Market Cap | 691M | Assets | 1,084M |
| Liabilities | 9.3M | Beta | 1.15 |
| Volatility | 26.59 |