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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.

NASDAQ_QQEW
Open High Low QQEW Price Change
105.604 106.522 101.152 106.426 +0.821
Entry Signal

MarketClub’s Trade Triangles for QQEW

long term down The long-term trend has been DOWN since Jan 20th, 2022 at 109.053

intermediate term down The intermediate-term trend has been DOWN since Jan 7th, 2022 at 112.469

short term down 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).

-90
Smart Scan Analysis for QQEW
Strong Downtrend Sideways 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 High64.331Year High Date2018-08-29
Year Low55.25Year Low Date2018-10-29
52wk High121.06852wk High Date2021-11-16
52wk Low96.0352wk Low Date2021-03-05
Year End Close26.13Average Volume77,827
Shares Outstanding11,700% Institutional59
Market Cap691MAssets1,084M
Liabilities9.3MBeta1.15
Volatility26.59
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