FIRST TRUST NASDAQ-100 SELEC (QQEW) Technical Analysis
NASDAQ:QQEW • US3373441050
Current stock price
QQEW Technical Rating and Analysis
Overall QQEW gets a technical rating of 0 out of 10. QQEW scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- 63% of all other stocks performed better in the past year than QQEW.
- QQEW 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 QQEW is lagging the market slightly.
- In the last month QQEW has a been trading in a tight range between 128.96 and 136.01.
QQEW Weekly and Daily overview Charts
QQEW Setup Rating and Analysis
Although the technical rating is bad, QQEW does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 129.52, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for QQEW in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
QQEW Support and Resistance Analysis
128.22
When analyzing the support we notice one important area.
- A support zone ranging from 129.52 to 129.52. 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 131.89 to 136.03. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 143.85 to 146.25. This zone is formed by a combination of multiple trend lines in multiple time frames.
QQEW Technical Indicator Signal Analysis
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 | DOWN | NEGATIVE | The long term trend for QQEW is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for QQEW is down. |
| ChartMill Relative Strength | 37.84 | NEUTRAL | QQEW is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of QQEW is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of QQEW is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of QQEW is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 38.82 | NEUTRAL | The RSI value for QQEW is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.07 | NEGATIVE | The MACD value suggests QQEW has a negative trend. |
| Stochastics (14,3) | 21.6 | NEUTRAL | The Stochastics value for QQEW is a neutral value. |
| Average True Range in percent/ATR (20) | 1.8 | LOW VOLATILITY | The low ATR as a percentage value for QQEW suggests low volalility. |
| Average Directional Index/ADX (14) | 24.58 | NEUTRAL | The ADX value for QQEW suggests a possible start of a new trend. |
QQEW Chart- and CandleStick Pattern Analysis
QQEW Technicals: Chart, Performance Metrics, Trend & Indicators
NASDAQ:QQEW (3/20/2026, 4:30:01 PM)
129.53
-2.02 (-1.54%)
FIRST TRUST NASDAQ-100 SELEC / QQEW TA FAQ
What is the technical rating for QQEW stock?
ChartMill assigns a technical rating of 0 / 10 to QQEW.
What is the current trend direction of FIRST TRUST NASDAQ-100 SELEC (QQEW) stock?
The current trend direction for FIRST TRUST NASDAQ-100 SELEC (QQEW) is Bearish.
What is the RSI signal for FIRST TRUST NASDAQ-100 SELEC (QQEW) stock?
FIRST TRUST NASDAQ-100 SELEC (QQEW) has an RSI value of 38.8184. This indicates that the stock is currently neutral.
Can you provide the buy/sell signal for FIRST TRUST NASDAQ-100 SELEC?
The buy/sell signal for FIRST TRUST NASDAQ-100 SELEC (QQEW) is sell as both the short term and long term trends are negative.
What are the support and resistance levels for FIRST TRUST NASDAQ-100 SELEC (QQEW) stock?
FIRST TRUST NASDAQ-100 SELEC (QQEW) has a support level at 129.52 and a resistance level at 131.89. Check the full technical report for our detailed analysis of QQEW support and resistance levels.