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Stock Trend Analysis Report

Prepared for you on Thursday, April 18, 2024.

First Trust NASDAQ-100-Technology Sector Index Fund (NASDAQ:QTEC)

Weak Downtrend (-65) - QTEC is showing signs of a strengthening downtrend. Monitor QTEC as it may be building momentum to the downside.

Is it time to buy, sell, or avoid QTEC?

MarketClub looks at technical strength and momentum to determine if the timing is right for QTEC.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NASDAQ_QTEC
Open High Low QTEC Price Change
179.698 180.305 177.577 177.866 -1.834
Entry Signal

MarketClub’s Trade Triangles for QTEC

long term up The long-term trend has been UP since Nov 15th, 2023 at 157.701

intermediate term down The intermediate-term trend has been DOWN since Mar 19th, 2024 at 185.594

short term down The short-term trend has been DOWN since Apr 12th, 2024 at 186.589

Smart Scan Analysis for QTEC

Based on our trend formula, QTEC is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for QTEC
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
179.698 180.305 177.577 177.866 -1.834
Prev. Close Volume Bid Ask Time
179.730 0 2024-04-18 17:11:43
Year High83.4224Year High Date2018-03-13
Year Low67.34Year Low Date2018-10-29
52wk High196.352wk High Date2024-03-08
52wk Low118.8652wk Low Date2023-04-25
Year End Close25.85Average Volume100,833
Shares Outstanding750% Institutional31.7
Market Cap2,571MAssets1,089M
LiabilitiesMBeta1.14
Volatility34.92
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