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Stock Trend Analysis Report

Prepared for you on Monday, October 2, 2023.

Invesco QQQ Trust, Series 1 (NASDAQ:QQQ)

Sidelines Mode (+55) - QQQ is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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.

Open High Low QQQ Price Change
358.500 362.680 357.920 361.229 +2.959
Entry Signal

MarketClub’s Trade Triangles for QQQ

long term up The long-term trend has been UP since Jan 27th, 2023 at 296.875

intermediate term down The intermediate-term trend has been DOWN since Sep 21st, 2023 at 364.250

short term up The short-term trend has been UP since Sep 28th, 2023 at 359.700

Smart Scan Analysis for QQQ

Based on our trend formula, QQQ is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

Smart Scan Analysis for QQQ
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
358.500 362.680 357.920 361.229 +2.959
Prev. Close Volume Bid Ask Time
358.270 48664324 2023-10-02 15:59:53
Year High187.53Year High Date2018-10-01
Year Low150.125Year Low Date2018-02-09
52wk High387.9852wk High Date2023-07-19
52wk Low254.2652wk Low Date2022-10-13
Year End Close65.1301Average Volume47,947,740
Shares Outstanding362,750Market Cap76,173M
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