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Stock Trend Analysis Report

Prepared for you on Thursday, April 18, 2024.

Invesco QQQ Trust, Series 1 (NASDAQ:QQQ)

Weak Downtrend (-65) - QQQ is showing signs of a strengthening downtrend. Monitor QQQ as it may be building momentum to the downside.

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
426.43 428.24 422.83 423.33 -2.51
Entry Signal

MarketClub’s Trade Triangles for QQQ

long term up The long-term trend has been UP since Nov 14th, 2023 at 383.5600

intermediate term down The intermediate-term trend has been DOWN since Apr 15th, 2024 at 435.1304

short term down The short-term trend has been DOWN since Apr 15th, 2024 at 436.2800

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
426.43 428.24 422.83 423.33 -2.51
Prev. Close Volume Bid Ask Time
425.84 42949072 2024-04-18 15:59:46
Year High187.53Year High Date2018-10-01
Year Low150.125Year Low Date2018-02-09
52wk High449.3452wk High Date2024-03-21
52wk Low309.8952wk Low Date2023-04-25
Year End Close65.1301Average Volume43,381,305
Shares Outstanding362,750Market Cap76,173M
Assets759,470,886MLiabilities194,480,468M
Beta1.06Volatility32.19
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