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Stock Trend Analysis Report

Prepared for you on Sunday, May 26, 2024.

Invesco NASDAQ 100 ETF (NASDAQ:QQQM)

Long-Term Uptrend (+90) - QQQM is in a strong uptrend that is likely to continue. While QQQM is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution 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.

NASDAQ_QQQM
Open High Low QQQM Price Change
187.3800 188.9600 187.0693 188.4500 +1.7500
Entry Signal

MarketClub’s Trade Triangles for QQQM

long term up The long-term trend has been UP since Nov 14th, 2023 at 157.7800

intermediate term up The intermediate-term trend has been UP since May 10th, 2024 at 181.8925

short term up The short-term trend has been UP since May 3rd, 2024 at 177.9700

Smart Scan Analysis for QQQM

Based on our trend formula, QQQM is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for QQQM
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
187.3800 188.9600 187.0693 188.4500 +1.7500
Prev. Close Volume Bid Ask Time
188.4800 1420113 2024-05-24 15:59:29
52wk High189.5652wk High Date2024-05-23
52wk Low138.552wk Low Date2023-05-25
Average Volume1,511,187Shares Outstanding2,460
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