We assign a technical rating of 3 out of 10 to QQEW. QQEW 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.
- QQEW 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 QQEW is lagging the market slightly.
- The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
- When compared to the yearly performance of all other stocks, QQEW outperforms 51% of them, which is more or less in line with the market.
- In the last month QQEW has a been trading in a tight range between 139.77 and 146.54.
Although the technical rating is bad, QQEW does present a nice setup opportunity. Prices have been consolidating lately.
More info and screens
133.08
2 important support areas can be observed.
- Support @140.80 from a horizontal line in the daily time frame.
- A support zone ranging from 134.42 to 136.65. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 141.25 to 146.25. 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 QQEW is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for QQEW is down. |
| ChartMill Relative Strength | 51.35 | NEUTRAL | QQEW is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of QQEW is below the rising 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) | UP | POSITIVE | The current price of QQEW is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 41.85 | NEUTRAL | The RSI value for QQEW is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.42 | NEGATIVE | The MACD value suggests QQEW has a negative trend. |
| Stochastics (14,3) | 17.81 | OVERSOLD | The low Stochastics value suggests QQEW may be oversold. |
| Average True Range in percent/ATR (20) | 1.14 | LOW VOLATILITY | The low ATR as a percentage value for QQEW suggests low volalility. |
| Average Directional Index/ADX (14) | 15.86 | NEGATIVE | The low ADX value for QQEW suggests a weak or negative trend. |
NASDAQ:QQEW (1/16/2026, 8:00:01 PM)
140.823
-0.28 (-0.2%)
FIRST TRUST NASDAQ-100 SELEC / QQEW FAQ
What is the technical rating for QQEW stock?
ChartMill assigns a technical rating of 3 / 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 Bullish.
What is the RSI signal for FIRST TRUST NASDAQ-100 SELEC (QQEW) stock?
FIRST TRUST NASDAQ-100 SELEC (QQEW) has an RSI value of 41.8535. 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 hold as the short term and long term trends are mixed.
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 140.8 and a resistance level at 141.25. Check the full technical report for our detailed analysis of QQEW support and resistance levels.