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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.
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MarketClub’s Trade Triangles for QQQ
The long-term trend has been UP since Jan 27th, 2023 at 296.875
The intermediate-term trend has been DOWN since Sep 21st, 2023 at 364.250
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).
| 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 High | 187.53 | Year High Date | 2018-10-01 |
| Year Low | 150.125 | Year Low Date | 2018-02-09 |
| 52wk High | 387.98 | 52wk High Date | 2023-07-19 |
| 52wk Low | 254.26 | 52wk Low Date | 2022-10-13 |
| Year End Close | 65.1301 | Average Volume | 47,947,740 |
| Shares Outstanding | 362,750 | Market Cap | 76,173M |
| Assets | 759,470,886M | Liabilities | 194,480,468M |
| Beta | 1.06 | Volatility | 32.19 |