FIRST TRUST NASDAQ ABA CBIF (QABA) Stock Technical Analysis
NASDAQ:QABA - Nasdaq - US33736Q1040 - ETF - Currency: USD
We assign a technical rating of 3 out of 10 to QABA. QABA has been an average performer in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
In the last month QABA has a been trading in the 52.63 - 58.09 range, which is quite wide. It is currently trading near the lows of this range.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
When comparing the performance of all stocks over the past year, QABA turns out to be only a medium performer in the overall market: it outperformed 46% of all stocks.
QABA is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so QABA is lagging the market.
Considerably lower volume is observed in the last couple of days.
QABA has a poor technical rating and the quality of the setup is also not perfect 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
45.70
59.72
We found 3 important support areas.
- Support @51.91 from a horizontal line in the daily time frame.
- Support @48.15 from a trend line in the weekly time frame.
- A support zone ranging from 46.16 to 46.16. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 53.59 to 55.30. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 56.60 to 59.13. 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 QABA is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for QABA is down. |
| ChartMill Relative Strength | 46.89 | NEUTRAL | QABA is not amongst the best or worst performers 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) | UP | MIXED | The current price of QABA is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of QABA is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 40.86 | NEUTRAL | The RSI value for QABA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.33 | NEGATIVE | The MACD value suggests QABA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 15.72 | OVERSOLD | The low Stochastics value suggests QABA may be oversold. |
| Average True Range in percent/ATR (20) | 1.62 | LOW VOLATILITY | The low ATR as a percentage value for QABA suggests low volalility. |
| Average Directional Index/ADX (14) | 27 | POSITIVE | The high ADX value value for QABA suggests a strong 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 (8/11/2025, 8:00:01 PM)
53.5894
-0.01 (-0.02%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.02%
1 Week-0.12%
2 Weeks-4.45%
1 Month-7.51%
3 Month-1.56%
6 Month-7.22%
12 Month4.06%
2 Year26.81%
3 Year1.32%
5 Year53.5%
10 Year42.22%
15 Year160.65%
Volatility
ATR(14)0.8
ATR(20)%1.62%
ATR Inc-48.21%
Range Today0.23
ADR(20)0.78
ADR(20)%1.45%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS46.89
Mansfield-0.95
10 Day High56.31
10 Day Low52.63
20 Day High58.09
20 Day Low52.63
52 Week High64.3
52 Week Low45.06
CS1 End51.91
CR1 Start53.59
Volume & EV
DER(3)-1.38%
DER(5)-0.86%
Volume2.40K
Volume Incr-66.07%
Vol(5)21.88K
Vol(50)44.84K