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Stock Trend Analysis Report
Prepared for you on Wednesday, November 20, 2024.
Invesco NASDAQ 100 ETF (NASDAQ:QQQM)
Countertrend Up (+85) - QQQM is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid QQQM?
MarketClub looks at technical strength and momentum to determine if the timing is right for QQQM.
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 QQQM
The long-term trend has been UP since Nov 14th, 2023 at 157.7800
The intermediate-term trend has been UP since Sep 19th, 2024 at 197.6701
The short-term trend has been DOWN since Nov 14th, 2024 at 209.8701
Smart Scan Analysis for QQQM
Based on our trend formula, QQQM is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 204.710 | 207.410 | 204.630 | 207.215 | +1.415 |
| Prev. Close | Volume | Bid | Ask | Time |
| 207.210 | 1207229 | 2024-11-19 15:59:32 |
| 52wk High | 212.1899 | 52wk High Date | 2024-11-11 |
| 52wk Low | 157.44 | 52wk Low Date | 2023-12-04 |
| Average Volume | 1,633,976 | Shares Outstanding | 2,460 |