GBL X ENHANCE NASDAQ-100 ETF (QQCL.CA) Stock Technical Analysis
Canada - Toronto Stock Exchange - TSX:QQCL - CA37962X1050 - ETF
We assign a technical rating of 5 out of 10 to QQCL. Although QQCL is a bad performer in the overall market, the technical picture looks good in both the medium and short term time frames.
- When comparing the yearly performance of all stocks, QQCL is a bad performer in the overall market: 81% of all stocks are doing better.
- Both the short term and long term trends are positive. This is a very positive sign.
- QQCL is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so QQCL is lagging the market slightly.
- In the last month QQCL has a been trading in a tight range between 24.37 and 25.61.
Although the technical rating is only medium, QQCL does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 25.60. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 25.33, a Stop Loss order could be placed below this zone.
More info and screens
23.71
When analyzing the support we notice one important area.
- A support zone ranging from 23.95 to 25.33. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We can see 2 important resistance areas.
- Resistance @25.60 from a horizontal line in the daily time frame.
- A resistance zone ranging from 26.17 to 26.35. 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 QQCL.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for QQCL.CA is up. |
| ChartMill Relative Strength | 19.96 | NEGATIVE | QQCL.CA has a low relative strength, it was outperformed by 80.04% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of QQCL.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of QQCL.CA is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of QQCL.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 55.05 | NEUTRAL | The RSI value for QQCL.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.05 | POSITIVE | The MACD value suggests QQCL.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 76.28 | NEUTRAL | The Stochastics value for QQCL.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 1.18 | LOW VOLATILITY | The low ATR as a percentage value for QQCL.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 14.07 | NEGATIVE | The low ADX value for QQCL.CA suggests a weak or negative trend. |
TSX:QQCL (1/16/2026, 7:00:00 PM)
25.45
+0.08 (+0.32%)
GBL X ENHANCE NASDAQ-100 ETF / QQCL.CA FAQ
Can you provide the ChartMill technical rating for GBL X ENHANCE NASDAQ-100 ETF?
ChartMill assigns a technical rating of 5 / 10 to QQCL.CA.
What is the trend direction for QQCL stock?
The current trend direction for GBL X ENHANCE NASDAQ-100 ETF (QQCL.CA) is Bullish.
What is the RSI signal for GBL X ENHANCE NASDAQ-100 ETF (QQCL.CA) stock?
GBL X ENHANCE NASDAQ-100 ETF (QQCL.CA) has an RSI value of 55.0467. This indicates that the stock is currently neutral.
Can you provide the MACD signal for GBL X ENHANCE NASDAQ-100 ETF?
The MACD indicator for GBL X ENHANCE NASDAQ-100 ETF (QQCL.CA) has a value of 0.0535556, indicating a bearish trend.
What is the buy/sell signal for QQCL stock?
The buy/sell signal for GBL X ENHANCE NASDAQ-100 ETF (QQCL.CA) is buy as both the short term and long term trends are positive.