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Stock Trend Analysis Report

Prepared for you on Tuesday, December 6, 2022.

Invesco QQQ Trust, Series 1 (NASDAQ:QQQ)

Bear Market Rally (-75) - QQQ is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on QQQ as it may be in the beginning of a reversal.

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.

NASDAQ_QQQ
Open High Low QQQ Price Change
287.410 287.620 280.255 281.840 -5.800
Entry Signal

MarketClub’s Trade Triangles for QQQ

long term down The long-term trend has been DOWN since Sep 29th, 2022 at 269.28

intermediate term up The intermediate-term trend has been UP since Oct 25th, 2022 at 284.18

short term down The short-term trend has been DOWN since Dec 6th, 2022 at 286.15

Smart Scan Analysis for QQQ

Based on our trend formula, QQQ is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for QQQ
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
287.410 287.620 280.255 281.840 -5.800
Prev. Close Volume Bid Ask Time
287.640 50267704 2022-12-06 15:59:54
Year High187.53Year High Date2018-10-01
Year Low150.125Year Low Date2018-02-09
52wk High404.5852wk High Date2021-12-28
52wk Low254.2652wk Low Date2022-10-13
Year End Close65.1301Average Volume53,298,745
Shares Outstanding362,750Market Cap76,173M
Assets759,470,886MLiabilities194,480,468M
Beta1.06Volatility32.19
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