Free Daily Analysis
Stock Trend Analysis Report
Prepared for you on Wednesday, November 20, 2024.
Nuveen NASDAQ 100 Dynamic Overwrite Fund - Closed End Fund (NASDAQ:QQQX)
Bull Market Weakness (+75) - QQQX is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on QQQX as it may be in the beginning stages 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 UP since Jun 5th, 2024 at 24.3000
The intermediate-term trend has been UP since Nov 6th, 2024 at 25.5900
The short-term trend has been DOWN since Nov 15th, 2024 at 26.1601
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 |
|---|---|---|---|---|
| 25.860 | 26.030 | 25.800 | 25.960 | +0.055 |
| Prev. Close | Volume | Bid | Ask | Time |
| 25.970 | 94800 | 2024-11-19 15:54:34 |
| Year High | 28.19 | Year High Date | 2018-06-07 |
| Year Low | 20.24 | Year Low Date | 2018-02-05 |
| 52wk High | 26.33 | 52wk High Date | 2024-11-14 |
| 52wk Low | 22.3727 | 52wk Low Date | 2024-04-19 |
| Year End Close | 15.08 | Average Volume | 83,178 |
| Shares Outstanding | 36,454 | Short Interest | 167,587 |
| % Institutional | 22 | Market Cap | 892M |
| Assets | 137,492,785M | Liabilities | 31,677,340M |
| P/E Ratio | 763.5 | Beta | 0.88 |
| Volatility | 28.6 |