INVESCO TOP QQQ ETF (QBIG) Stock Technical Analysis
NASDAQ:QBIG - Nasdaq - US46090A6718 - ETF - Currency: USD
Overall QBIG gets a technical rating of 6 out of 10. In the last year, QBIG was a below average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
QBIG has only a medium technical rating, but it does show 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 31.11. Right above this resistance zone may be a good entry point.
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28.72
We found 1 important support area.
- A support zone ranging from 29.01 to 29.45. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 31.11 to 31.34. 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 QBIG is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for QBIG is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | QBIG has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of QBIG is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of QBIG is above the rising SMA(50). |
| Relative Strength Index/RSI (14) | 62.15 | NEUTRAL | The RSI value for QBIG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.09 | NEGATIVE | The MACD value suggests QBIG has a negative trend. |
| Stochastics (14,3) | 86.37 | OVERBOUGHT | The high Stochastics value suggests QBIG may be overbought. |
| Average True Range in percent/ATR (20) | 1.28 | LOW VOLATILITY | The low ATR as a percentage value for QBIG suggests low volalility. |
| Average Directional Index/ADX (14) | 22.44 | NEUTRAL | The ADX value for QBIG suggests a possible start of a new 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 |
|---|---|---|---|
| 31.35 | 30.47 | 0.88 (2.82%) | 25.00% |
| An entry @31.35. This is a Buy Stop order right above the resistance zone. | An exit @30.47. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.88 points, which is 2.82%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.71%. |
- 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:QBIG (6/18/2025, 4:30:01 PM)
31.1021
+0.04 (+0.14%)