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Stock Trend Analysis Report
Prepared for you on Wednesday, January 15, 2025.
First Trust NASDAQ-100 Equal Weighted Index Fund (NASDAQ:QQEW)
Crossroads (-60) - QQEW is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid QQEW?
MarketClub looks at technical strength and momentum to determine if the timing is right for QQEW.
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 QQEW
The long-term trend has been UP since Oct 11th, 2024 at 127.864
The intermediate-term trend has been DOWN since Dec 18th, 2024 at 130.093
The short-term trend has been DOWN since Jan 10th, 2025 at 125.461
Smart Scan Analysis for QQEW
Based on our trend formula, QQEW is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 124.691 | 125.645 | 124.303 | 125.254 | +0.562 |
| Prev. Close | Volume | Bid | Ask | Time |
| 125.380 | 0 | 2025-01-14 17:14:27 |
| Year High | 64.331 | Year High Date | 2018-08-29 |
| Year Low | 55.25 | Year Low Date | 2018-10-29 |
| 52wk High | 133.7632 | 52wk High Date | 2024-12-09 |
| 52wk Low | 113.15 | 52wk Low Date | 2024-08-05 |
| Year End Close | 26.13 | Average Volume | 51,893 |
| Shares Outstanding | 16,950 | % Institutional | 59 |
| Market Cap | 691M | Assets | 1,084M |
| Liabilities | 9.3M | Beta | 1.15 |
| Volatility | 26.59 |