INVESCO NASDAQ-100 DIST (EQQQ.L) Stock Technical Analysis
LON:EQQQ - London Exchange - IE0032077012 - ETF - Currency: GBX
Overall EQQQ gets a technical rating of 7 out of 10. In the last year, EQQQ was an average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
Warning: EQQQ has an average volume of 551 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Both the short term and long term trends are positive. This is a very positive sign.
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 comparing the performance of all stocks over the past year, EQQQ turns out to be only a medium performer in the overall market: it outperformed 49% of all stocks.
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 EQQQ has an excellent technical rating, the quality of the presented setup is not ideal 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
33,546.15
42,871.47
When analyzing the support we notice one important area.
- A support zone ranging from 33885.00 to 34095.40. This zone is formed by a combination of multiple trend lines in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 38904.20 to 39068.30. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @42447.00 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 | UP | POSITIVE | The long term trend for EQQQ.L is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for EQQQ.L is up. |
| ChartMill Relative Strength | 49.21 | NEUTRAL | EQQQ.L is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of EQQQ.L is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of EQQQ.L is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of EQQQ.L is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 60.48 | NEUTRAL | The RSI value for EQQQ.L is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 22.77 | POSITIVE | The MACD value suggests EQQQ.L has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 65.87 | NEUTRAL | The Stochastics value for EQQQ.L is a neutral value. |
| Average True Range in percent/ATR (20) | 1.72 | LOW VOLATILITY | The low ATR as a percentage value for EQQQ.L suggests low volalility. |
| Average Directional Index/ADX (14) | 15.62 | NEGATIVE | The low ADX value for EQQQ.L 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)
LON:EQQQ (5/28/2025, 4:51:49 PM)
38854
+512 (+1.34%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg1.34%
1 Week-0.66%
2 Weeks-0.52%
1 Month9.82%
3 Month-2.94%
6 Month-3.38%
12 Month10.45%
2 Year37.95%
3 Year58.67%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)685.14
ATR(20)%1.72%
ATR Inc-34.38%
Range Today116
ADR(20)409.33
ADR(20)%1.05%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS49.21
Mansfield-0.19
10 Day High39604
10 Day Low37266
20 Day High39604
20 Day Low35113
52 Week High43242
52 Week Low31043
CS1 End34095.4
CR1 Start38904.2
Volume & EV
DER(3)-2.67%
DER(5)-2.02%
Volume14
Volume Incr-38.32%
Vol(5)237.4
Vol(50)551.76