Stock Trend Analysis Report
Prepared for you on Sunday, May 16, 2021.
Invesco China Tech ETF (PACF:CQQQ)
Bear Market Rally (-75) - CQQQ is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on CQQQ as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid CQQQ?
MarketClub looks at technical strength and momentum to determine if the timing is right for CQQQ.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for CQQQ
The long-term trend has been DOWN since May 10th, 2021 at 78.0000
The intermediate-term trend has been DOWN since Feb 26th, 2021 at 94.4773
The short-term trend has been UP since May 14th, 2021 at 76.7800
Smart Scan Analysis for CQQQ
Based on our trend formula, CQQQ is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||66.9||Year High Date||2018-01-26|
|Year Low||37.6308||Year Low Date||2018-10-29|
|52wk High||108.61||52wk High Date||2021-02-17|
|52wk Low||52.18||52wk Low Date||2020-05-22|
|Year End Close||22.32||Average Volume||269,933|