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Stock Trend Analysis Report
Prepared for you on Friday, January 28, 2022.
Invesco QQQ Trust, Series 1 (NASDAQ:QQQ)
Long-Term Downtrend (-90) - QQQ is in a strong downtrend that is likely to continue. While QQQ is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid QQQ?
MarketClub looks at technical strength and momentum to determine if the timing is right for QQQ.
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 QQQ
The long-term trend has been DOWN since Jan 24th, 2022 at 350.32
The intermediate-term trend has been DOWN since Jan 10th, 2022 at 377.47
The short-term trend has been DOWN since Jan 14th, 2022 at 376.70
Smart Scan Analysis for QQQ
Based on our trend formula, QQQ is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 343.190 | 343.840 | 337.950 | 343.005 | +1.905 |
| Prev. Close | Volume | Bid | Ask | Time |
| 341.100 | 27853102 | 2022-01-28 10:52:09 |
| Year High | 187.53 | Year High Date | 2018-10-01 |
| Year Low | 150.125 | Year Low Date | 2018-02-09 |
| 52wk High | 408.71 | 52wk High Date | 2021-11-22 |
| 52wk Low | 297.45 | 52wk Low Date | 2021-03-05 |
| Year End Close | 65.1301 | Average Volume | 85,029,932 |
| Shares Outstanding | 362,750 | Market Cap | 76,173M |
| Assets | 759,470,886M | Liabilities | 194,480,468M |
| Beta | 1.06 | Volatility | 32.19 |