Overall QABA gets a technical rating of 8 out of 10. Although QABA is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
QABA has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 59.49. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 59.07, a Stop Loss order could be placed below this zone.
More info and screens
47.72
We found 4 important support areas.
- A support zone ranging from 58.81 to 59.07. 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 55.22 to 55.49. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 51.91 to 53.55. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @48.20 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 59.49 to 59.71. 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 QABA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for QABA is up. |
| ChartMill Relative Strength | 56.65 | NEUTRAL | QABA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of QABA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of QABA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of QABA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 68.45 | NEUTRAL | The RSI value for QABA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.16 | POSITIVE | The MACD value suggests QABA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 80.38 | OVERBOUGHT | The high Stochastics value suggests QABA may be overbought. |
| Average True Range in percent/ATR (20) | 1.38 | LOW VOLATILITY | The low ATR as a percentage value for QABA suggests low volalility. |
| Average Directional Index/ADX (14) | 34.62 | POSITIVE | The high ADX value value for QABA suggests a strong trend. |
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 |
|---|---|---|---|
| 59.72 | 58.80 | 0.92 (1.54%) | 25.00% |
| An entry @59.72. This is a Buy Stop order right above the resistance zone. | An exit @58.80. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.92 points, which is 1.54%. | For a 0.39% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of QABA. Please evaluate whether better entry and exit points can be found.
- 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.
NASDAQ:QABA (12/18/2025, 8:00:01 PM)
59.4831
+0.31 (+0.52%)
FIRST TRUST NASDAQ ABA CBIF / QABA FAQ
What is the technical rating for QABA stock?
ChartMill assigns a technical rating of 8 / 10 to QABA.
Can you provide the trend direction for FIRST TRUST NASDAQ ABA CBIF?
The current trend direction for FIRST TRUST NASDAQ ABA CBIF (QABA) is Bullish.
What is the RSI signal for FIRST TRUST NASDAQ ABA CBIF (QABA) stock?
FIRST TRUST NASDAQ ABA CBIF (QABA) has an RSI value of 68.4507. This indicates that the stock is currently neutral.
What is the buy/sell signal for QABA stock?
The buy/sell signal for FIRST TRUST NASDAQ ABA CBIF (QABA) is buy as both the short term and long term trends are positive.
Can you provide the support and resistance levels for FIRST TRUST NASDAQ ABA CBIF?
FIRST TRUST NASDAQ ABA CBIF (QABA) has a support level at 59.07 and a resistance level at 59.49. Check the full technical report for our detailed analysis of QABA support and resistance levels.