INVESCO NASDAQ-100 DIST (EQQQ.DE) Stock Technical Analysis
FRA:EQQQ - Deutsche Boerse Ag - IE0032077012 - ETF - Currency: EUR
Taking everything into account, EQQQ scores 6 out of 10 in our technical rating. In the past year, EQQQ was only an average performing stock in the market. The medium term picture is unclear, although we see some positive events in recent action.
Warning: EQQQ has an average volume of 9982 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
EQQQ is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
Considerably lower volume is observed in the last couple of days, which is a good thing during a pullback.
When compared to the yearly performance of all other stocks, EQQQ outperforms 57% of them, which is more or less in line with the market.
EQQQ 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 EQQQ is lagging the market slightly.
Although the technical rating is only medium, EQQQ does present a nice setup opportunity. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 451.49, a Stop Loss order could be placed below this zone.
More info and screens
388.22
525.51
We found 3 important support areas.
- A support zone ranging from 445.26 to 451.49. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 431.00 to 434.60. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 392.14 to 397.02. This zone is formed by a combination of multiple trend lines in the weekly time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 462.13 to 462.95. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 513.70 to 520.31. 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 | NEUTRAL | NEUTRAL | The long term trend for EQQQ.DE is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for EQQQ.DE is up. |
| ChartMill Relative Strength | 57.16 | NEUTRAL | EQQQ.DE is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of EQQQ.DE is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of EQQQ.DE is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of EQQQ.DE is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 58.15 | NEUTRAL | The RSI value for EQQQ.DE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.63 | POSITIVE | The MACD value suggests EQQQ.DE has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 71.07 | NEUTRAL | The Stochastics value for EQQQ.DE is a neutral value. |
| Average True Range in percent/ATR (20) | 1.9 | LOW VOLATILITY | The low ATR as a percentage value for EQQQ.DE suggests low volalility. |
| Average Directional Index/ADX (14) | 17.08 | NEGATIVE | The low ADX value for EQQQ.DE 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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 462.96 | 446.89 | 16.07 (3.47%) | 25.00% |
| An entry @462.96. This is a Buy Stop order right above the resistance zone. | An exit @446.89. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 16.07 points, which is 3.47%. | For a 0.87% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
FRA:EQQQ (5/26/2025, 7:00:00 PM)
455.9
+4.4 (+0.97%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.97%
1 Week-1.77%
2 Weeks-0.02%
1 Month10.15%
3 Month-6.06%
6 Month-5.99%
12 Month10.62%
2 Year39.61%
3 Year58.52%
5 Year119.66%
10 YearN/A
15 YearN/A
Volatility
ATR(14)8.69
ATR(20)%1.9%
ATR Inc6.65%
Range Today2.55
ADR(20)6.17
ADR(20)%1.35%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS57.16
Mansfield-0.18
10 Day High468.5
10 Day Low446.9
20 Day High468.5
20 Day Low409.25
52 Week High520.7
52 Week Low364
CS1 End451.49
CR1 Start462.13
Volume & EV
DER(3)0%
DER(5)0%
Volume1.69K
Volume Incr-41.76%
Vol(5)4.04K
Vol(50)9.98K