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Stock Trend Analysis Report

Prepared for you on Friday, January 27, 2023.

Invesco QQQ Trust, Series 1 (NASDAQ:QQQ)

Bull Market Weakness (+75) - QQQ is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on QQQ as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid QQQ?

MarketClub looks at technical strength and momentum to determine if the timing is right for QQQ.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NASDAQ_QQQ
Open High Low QQQ Price Change
291.400 293.520 288.519 293.510 +5.780
Entry Signal

MarketClub’s Trade Triangles for QQQ

long term down The long-term trend has been DOWN since Sep 29th, 2022 at 269.28

intermediate term up The intermediate-term trend has been UP since Jan 9th, 2023 at 274.78

short term up The short-term trend has been UP since Jan 23rd, 2023 at 284.69

Smart Scan Analysis for QQQ

Based on our trend formula, QQQ is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for QQQ
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
291.400 293.520 288.519 293.510 +5.780
Prev. Close Volume Bid Ask Time
293.340 45767538 2023-01-26 15:59:55
Year High187.53Year High Date2018-10-01
Year Low150.125Year Low Date2018-02-09
52wk High371.8352wk High Date2022-03-29
52wk Low254.2652wk Low Date2022-10-13
Year End Close65.1301Average Volume46,893,001
Shares Outstanding362,750Market Cap76,173M
Assets759,470,886MLiabilities194,480,468M
Beta1.06Volatility32.19
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