FIRST TRUST NASDAQ ABA CBIF (QABA) Stock Technical Analysis
NASDAQ:QABA - Nasdaq - US33736Q1040 - ETF - Currency: USD
Taking everything into account, QABA scores 2 out of 10 in our technical rating. QABA 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 QABA has a been trading in the 51.59 - 54.74 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been consolidating recently, but much resistance may still be present above.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
When comparing the yearly performance of all stocks, we notice that QABA is one of the better performing stocks in the market, outperforming 72% of all stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
QABA 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 QABA is lagging the market slightly.
Volume is considerably higher in the last couple of days.
The technical rating of QABA 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
45.69
57.00
We found 2 important support areas.
- Support @47.15 from a trend line in the weekly time frame.
- A support zone ranging from 46.15 to 46.15. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- A resistance zone ranging from 52.39 to 55.30. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @56.44 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 QABA is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for QABA is neutral. |
| ChartMill Relative Strength | 72.9 | POSITIVE | QABA has a high relative strength, it outperformed 72.9% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of QABA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of QABA is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of QABA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 45.96 | NEUTRAL | The RSI value for QABA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.07 | NEGATIVE | The MACD value suggests QABA has a negative trend. |
| Stochastics (14,3) | 47.85 | NEUTRAL | The Stochastics value for QABA is a neutral value. |
| Average True Range in percent/ATR (20) | 1.49 | LOW VOLATILITY | The low ATR as a percentage value for QABA suggests low volalility. |
| Average Directional Index/ADX (14) | 19.22 | NEGATIVE | The low ADX value for QABA 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)
NASDAQ:QABA (6/13/2025, 8:00:01 PM)
52.05
-1.32 (-2.47%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-2.47%
1 Week-2.02%
2 Weeks-1.08%
1 Month-4.72%
3 Month-1.14%
6 Month-13.05%
12 Month20.18%
2 Year31.61%
3 Year4.69%
5 Year47.29%
10 Year30.91%
15 Year128.59%
Volatility
ATR(14)0.8
ATR(20)%1.49%
ATR Inc32.46%
Range Today0.68
ADR(20)0.58
ADR(20)%1.12%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS72.9
Mansfield-0.68
10 Day High54.4
10 Day Low51.74
20 Day High54.74
20 Day Low51.6
52 Week High64.3
52 Week Low43.1
CS1 End47.15
CR1 Start52.39
Volume & EV
DER(3)-1.05%
DER(5)1.36%
Volume128.40K
Volume Incr795.26%
Vol(5)64.28K
Vol(50)32.61K