INVESCO CHINA TECHNOLOGY ETF (CQQQ) Stock Technical Analysis
NYSEARCA:CQQQ - NYSE Arca - US46138E8003 - ETF - Currency: USD
Taking everything into account, CQQQ scores 1 out of 10 in our technical rating. CQQQ has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
In the last month CQQQ has a been trading in the 40.39 - 44.70 range, which is quite wide. It is currently trading near the lows of this range.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
When comparing the performance of all stocks over the past year, CQQQ turns out to be only a medium performer in the overall market: it outperformed 62% of all stocks.
CQQQ is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so CQQQ is lagging the market slightly.
Considerably lower volume is observed in the last couple of days.
The technical rating of CQQQ is bad and it also does not present a quality setup 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
30.08
51.35
6 important support areas can be observed.
- Support @37.73 from a trend line in the daily time frame.
- A support zone ranging from 36.73 to 36.74. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @36.06 from a horizontal line in the daily time frame.
- Support @34.46 from a trend line in the weekly time frame.
- Support @32.01 from a trend line in the weekly time frame.
- Support @30.38 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 41.98 to 42.76. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @43.68 from a horizontal line in the weekly time frame.
- Resistance @44.59 from a horizontal line in the daily time frame.
- Resistance @50.84 from a horizontal line in the daily time frame.
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 | NEUTRAL | NEUTRAL | The long term trend for CQQQ is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CQQQ is down. |
| ChartMill Relative Strength | 62.73 | NEUTRAL | CQQQ is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CQQQ is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of CQQQ is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of CQQQ is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 39.76 | NEUTRAL | The RSI value for CQQQ is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.24 | NEGATIVE | The MACD value suggests CQQQ has a negative trend. |
| Stochastics (14,3) | 9.91 | OVERSOLD | The low Stochastics value suggests CQQQ may be oversold. |
| Average True Range in percent/ATR (20) | 2.21 | MEDIUM VOLATILITY | The ATR as a percentage value for CQQQ suggests some volalility. |
| Average Directional Index/ADX (14) | 15.44 | 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 (5/30/2025, 8:04:03 PM)
40.64
-1.07 (-2.57%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-2.57%
1 Week-3.81%
2 Weeks-5.27%
1 Month-2.68%
3 Month-10.84%
6 Month0.17%
12 Month17.39%
2 Year6.44%
3 Year-12.15%
5 Year-25.29%
10 Year-4.71%
15 Year64.6%
Volatility
ATR(14)0.87
ATR(20)%2.21%
ATR Inc74.69%
Range Today0.68
ADR(20)0.49
ADR(20)%1.21%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS62.73
Mansfield-0.03
10 Day High43.23
10 Day Low40.39
20 Day High44.7
20 Day Low40.39
52 Week High50.98
52 Week Low30.5
CS1 End37.73
CR1 Start41.98
Volume & EV
DER(3)-1.31%
DER(5)-2.96%
Volume215.30K
Volume Incr-57.99%
Vol(5)175.82K
Vol(50)584.69K