Free Daily Analysis
Stock Trend Analysis Report
Prepared for you on Sunday, May 5, 2024.
IQ Hedge MultiIQ Hedge Multi-Strategy Tracker ETF (PACF:QAI)
Long-Term Uptrend (+90) - QAI is in a strong uptrend that is likely to continue. While QAI 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 QAI?
MarketClub looks at technical strength and momentum to determine if the timing is right for QAI.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for QAI
The long-term trend has been UP since Dec 1st, 2022 at 29.2900
The intermediate-term trend has been UP since Mar 28th, 2024 at 30.8600
The short-term trend has been UP since May 3rd, 2024 at 30.6174
Smart Scan Analysis for QAI
Based on our trend formula, QAI is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 30.640 | 30.700 | 30.640 | 30.670 | +0.095 |
| Prev. Close | Volume | Bid | Ask | Time |
| 30.720 | 32455 | 2024-05-03 15:59:34 |
| Year High | 31.25 | Year High Date | 2018-01-26 |
| Year Low | 29.02 | Year Low Date | 2018-10-23 |
| 52wk High | 31.35 | 52wk High Date | 2023-12-27 |
| 52wk Low | 29.06 | 52wk Low Date | 2023-05-26 |
| Year End Close | 27.81 | Average Volume | 109,065 |
| Shares Outstanding | 11,650 | Assets | 3,248M |
| Beta | 0.23 | Volatility | 5.23 |