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Stock Trend Analysis Report

Prepared for you on Friday, July 26, 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
462.69 465.93 459.77 463.13 +4.86
Entry Signal

MarketClub’s Trade Triangles for QQQ

long term up The long-term trend has been UP since Nov 14th, 2023 at 383.56

intermediate term down The intermediate-term trend has been DOWN since Jul 24th, 2024 at 473.94

short term down The short-term trend has been DOWN since Jul 11th, 2024 at 495.50

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
462.69 465.93 459.77 463.13 +4.86
Prev. Close Volume Bid Ask Time
458.27 38277041 2024-07-26 15:59:54
Year High187.53Year High Date2018-10-01
Year Low150.125Year Low Date2018-02-09
52wk High503.5252wk High Date2024-07-10
52wk Low342.3552wk Low Date2023-10-26
Year End Close65.1301Average Volume35,369,038
Shares Outstanding362,750Market Cap76,173M
Assets759,470,886MLiabilities194,480,468M
Beta1.06Volatility32.19
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