INVESCO CHINA TECHNOLOGY ETF (CQQQ) Stock Technical Analysis
NYSEARCA:CQQQ - NYSE Arca - US46138E8003 - ETF - Currency: USD
Overall CQQQ gets a technical rating of 9 out of 10. Both in the recent history as in the last year, CQQQ has proven to be a steady performer, scoring decent points in every aspect analyzed.
The long and short term trends are both positive. This is looking good!
Looking at the yearly performance, CQQQ did better than 77% of all other stocks. We also observe that the gains produced by CQQQ over the past year are nicely spread over this period.
In the last month CQQQ has a been trading in the 40.39 - 44.14 range, which is quite wide. It is currently trading near the high of this range.
CQQQ is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so CQQQ is lagging the market.
Although CQQQ has an excellent technical rating, it does not present a decent entry opportunity at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
34.49
51.35
When analyzing the support we can see 6 important areas.
- A support zone ranging from 42.42 to 43.13. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @41.69 from a trend line in the weekly time frame.
- Support @40.63 from a horizontal line in the daily time frame.
- Support @39.94 from a horizontal line in the weekly time frame.
- Support @36.74 from a horizontal line in the daily time frame.
- Support @34.84 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 49.54 to 50.84. This zone is formed by a combination of multiple trend lines in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for CQQQ is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CQQQ is up. |
| ChartMill Relative Strength | 77.29 | POSITIVE | CQQQ has a high relative strength, it outperformed 77.29% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CQQQ is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CQQQ is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CQQQ is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 59.32 | NEUTRAL | The RSI value for CQQQ is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.17 | POSITIVE | The MACD value suggests CQQQ has a positive trend. |
| Stochastics (14,3) | 92.85 | OVERBOUGHT | The high Stochastics value suggests CQQQ may be overbought. |
| Average True Range in percent/ATR (20) | 1.52 | LOW VOLATILITY | The low ATR as a percentage value for CQQQ suggests low volalility. |
| Average Directional Index/ADX (14) | 10.97 | NEGATIVE | The low ADX value for CQQQ suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
NYSEARCA:CQQQ (6/27/2025, 8:04:03 PM)
44.06
+0.12 (+0.27%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.27%
1 Week4.93%
2 Weeks1.87%
1 Month5.63%
3 Month-0.99%
6 Month8.36%
12 Month31.37%
2 Year11.09%
3 Year-12.68%
5 Year-30.59%
10 Year10.95%
15 Year89.26%
Volatility
ATR(14)0.64
ATR(20)%1.52%
ATR Inc-55.47%
Range Today0.33
ADR(20)0.41
ADR(20)%0.92%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS77.29
Mansfield0.27
10 Day High44.14
10 Day Low41.89
20 Day High44.14
20 Day Low40.39
52 Week High50.98
52 Week Low30.5
CS1 End43.13
CR1 Start49.54
Volume & EV
DER(3)0.95%
DER(5)1.78%
Volume167.00K
Volume Incr2.29%
Vol(5)355.58K
Vol(50)362.99K