INVESCO NASDAQ 100 INDEX ETF (QQC.CA) Stock Technical Analysis
TSX:QQC - Toronto Stock Exchange - CA46090T2092 - ETF - Currency: CAD
We assign a technical rating of 8 out of 10 to QQC. Although QQC is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Both the short term and long term trends are positive. This is a very positive sign.
QQC is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so QQC is performing more or less in line with the market.
When comparing the performance of all stocks over the past year, QQC turns out to be only a medium performer in the overall market: it outperformed 69% of all stocks.
In the last month QQC has a been trading in a tight range between 36.73 and 38.86.
Volume is considerably higher in the last couple of days.
Although QQC has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
29.43
38.77
3 important support areas can be observed.
- Support @34.93 from a horizontal line in the daily time frame.
- Support @30.78 from a trend line in the weekly time frame.
- Support @29.73 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 37.46 to 38.39. This zone is formed by a combination of multiple trend lines and important moving averages 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 QQC.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for QQC.CA is up. |
| ChartMill Relative Strength | 69.67 | NEUTRAL | QQC.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of QQC.CA is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of QQC.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of QQC.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 51.9 | NEUTRAL | The RSI value for QQC.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests QQC.CA has a negative trend. |
| Stochastics (14,3) | 62.29 | NEUTRAL | The Stochastics value for QQC.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 0.99 | LOW VOLATILITY | The low ATR as a percentage value for QQC.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 27.68 | POSITIVE | The high ADX value value for QQC.CA 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)
TSX:QQC (8/1/2025, 7:00:00 PM)
37.34
-0.9 (-2.35%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-2.35%
1 Week-1.48%
2 Weeks-0.74%
1 Month1.36%
3 Month13.5%
6 Month0.7%
12 Month22.83%
2 Year48.94%
3 Year96.36%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.42
ATR(20)%0.99%
ATR Inc170.39%
Range Today0.53
ADR(20)0.31
ADR(20)%0.84%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS69.67
Mansfield0.19
10 Day High38.86
10 Day Low37.13
20 Day High38.86
20 Day Low36.73
52 Week High38.86
52 Week Low27.49
CS1 End34.93
CR1 Start37.46
Volume & EV
DER(3)-5.15%
DER(5)-2.73%
Volume192.46K
Volume Incr40.53%
Vol(5)95.05K
Vol(50)69.47K