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Stock Trend Analysis Report
Prepared for you on Thursday, April 25, 2024.
Nuveen NASDAQ 100 Dynamic Overwrite Fund - Closed End Fund (NASDAQ:QQQX)
Bear Market Rally (-75) - QQQX is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on QQQX as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid QQQX?
MarketClub looks at technical strength and momentum to determine if the timing is right for QQQX.
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 QQQX
The long-term trend has been DOWN since Apr 19th, 2024 at 22.4200
The intermediate-term trend has been DOWN since Apr 15th, 2024 at 23.4500
The short-term trend has been UP since Apr 24th, 2024 at 22.9299
Smart Scan Analysis for QQQX
Based on our trend formula, QQQX is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 22.6400 | 22.7800 | 22.4926 | 22.6900 | -0.1700 |
| Prev. Close | Volume | Bid | Ask | Time |
| 22.8600 | 82470 | 2024-04-25 15:59:57 |
| Year High | 28.19 | Year High Date | 2018-06-07 |
| Year Low | 20.24 | Year Low Date | 2018-02-05 |
| 52wk High | 25.99 | 52wk High Date | 2023-06-13 |
| 52wk Low | 20.275 | 52wk Low Date | 2023-10-26 |
| Year End Close | 15.08 | Average Volume | 118,880 |
| Shares Outstanding | 36,454 | Short Interest | 167,587 |
| % Institutional | 22 | Market Cap | 892M |
| Assets | 122,242,885M | Liabilities | 17,603,809M |
| P/E Ratio | 763.5 | Beta | 0.88 |
| Volatility | 28.6 |