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Stock Trend Analysis Report

Prepared for you on Monday, December 4, 2023.

Nuveen NASDAQ 100 Dynamic Overwrite Fund - Closed End Fund (NASDAQ:QQQX)

Sidelines Mode (+55) - QQQX is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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.

NASDAQ_QQQX
Open High Low QQQX Price Change
22.63 23.08 22.63 22.99 +0.23
Entry Signal

MarketClub’s Trade Triangles for QQQX

long term down The long-term trend has been DOWN since Aug 17th, 2023 at 23.2000

intermediate term up The intermediate-term trend has been UP since Nov 14th, 2023 at 22.2663

short term down The short-term trend has been DOWN since Nov 30th, 2023 at 23.0400

Smart Scan Analysis for QQQX

Based on our trend formula, QQQX is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for QQQX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
22.63 23.08 22.63 22.99 +0.23
Prev. Close Volume Bid Ask Time
22.99 70858 2023-12-01 15:59:29
Year High28.19Year High Date2018-06-07
Year Low20.24Year Low Date2018-02-05
52wk High25.9952wk High Date2023-06-13
52wk Low19.93552wk Low Date2022-12-29
Year End Close15.08Average Volume128,895
Shares Outstanding36,454Short Interest167,587
% Institutional22Market Cap892M
Assets108,844,215MLiabilities53,071,830M
P/E Ratio763.5Beta0.88
Volatility28.6
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