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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.
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MarketClub’s Trade Triangles for QQQ
The long-term trend has been DOWN since Sep 29th, 2022 at 269.28
The intermediate-term trend has been UP since Jan 9th, 2023 at 274.78
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).
| 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 High | 187.53 | Year High Date | 2018-10-01 |
| Year Low | 150.125 | Year Low Date | 2018-02-09 |
| 52wk High | 371.83 | 52wk High Date | 2022-03-29 |
| 52wk Low | 254.26 | 52wk Low Date | 2022-10-13 |
| Year End Close | 65.1301 | Average Volume | 46,893,001 |
| Shares Outstanding | 362,750 | Market Cap | 76,173M |
| Assets | 759,470,886M | Liabilities | 194,480,468M |
| Beta | 1.06 | Volatility | 32.19 |