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Stock Trend Analysis Report

Prepared for you on Tuesday, July 23, 2024.

IQ Hedge MultiIQ Hedge Multi-Strategy Tracker ETF (PACF:QAI)

Countertrend Up (+85) - QAI is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score 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.

PACF_QAI
Open High Low QAI Price Change
31.25 31.39 31.25 31.38 +0.17
Entry Signal

MarketClub’s Trade Triangles for QAI

long term up The long-term trend has been UP since Dec 1st, 2022 at 29.29

intermediate term up The intermediate-term trend has been UP since Mar 28th, 2024 at 30.86

short term down The short-term trend has been DOWN since Jul 18th, 2024 at 31.36

Smart Scan Analysis for QAI

Based on our trend formula, QAI is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+85
Smart Scan Analysis for QAI
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
31.25 31.39 31.25 31.38 +0.17
Prev. Close Volume Bid Ask Time
31.39 656249 2024-07-22 15:48:55
Year High31.25Year High Date2018-01-26
Year Low29.02Year Low Date2018-10-23
52wk High31.5952wk High Date2024-07-16
52wk Low29.4852wk Low Date2023-10-27
Year End Close27.81Average Volume75,273
Shares Outstanding11,650Assets3,248M
Beta0.23Volatility5.23
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