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FIRST TRUST NASDQ 100 EQ WEI (QQEW) Stock Technical Analysis

USA - NASDAQ:QQEW - US3373441050 - ETF

140.324 USD
-2.39 (-1.68%)
Last: 11/6/2025, 8:06:41 PM
Technical Rating and Analysis

5

Overall QQEW gets a technical rating of 5 out of 10. QQEW has been an average performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term things are still fine.

The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
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.
When comparing the performance of all stocks over the past year, QQEW turns out to be only a medium performer in the overall market: it outperformed 63% of all stocks.
In the last month QQEW has a been trading in a tight range between 138.50 and 146.44.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
FIRST TRUST NASDQ 100 EQ WEI / QQEW Weekly stock chart
FIRST TRUST NASDQ 100 EQ WEI / QQEW Daily stock chart
Setup Rating and Analysis

1

QQEW has an average technical rating and it also 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.

Support and Resistance Analysis

133.07

147.71

When analyzing the support we can see 2 important areas.

  • A support zone ranging from 139.17 to 139.88. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 134.41 to 136.31. 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 140.55 to 146.25. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorUPPOSITIVEThe long term trend for QQEW is up.
ChartMill Short Term Trend IndicatorNEUTRALNEUTRALThe short term trend for QQEW is neutral.
ChartMill Relative Strength63.61NEUTRALQQEW is not amongst the best or worst performers on the market.
Simple Moving Average/SMA (20)DOWNNEGATIVEThe current price of QQEW is below a declining SMA(20).
Simple Moving Average/SMA (50)UPMIXEDThe current price of QQEW is below the rising SMA(50).
Simple Moving Average/SMA (200)UPPOSITIVEThe current price of QQEW is above the rising SMA(200).
Relative Strength Index/RSI (14)43.53NEUTRALThe RSI value for QQEW is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)-0.49NEGATIVEThe MACD value suggests QQEW has a negative trend.
Stochastics (14,3)21.67NEUTRALThe Stochastics value for QQEW is a neutral value.
Average True Range in percent/ATR (20)1.44LOW VOLATILITYThe low ATR as a percentage value for QQEW suggests low volalility.
Average Directional Index/ADX (14)14.61NEGATIVEThe low ADX value for QQEW suggests a weak or negative trend.
Chart- and CandleStick Pattern Analysis
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)
FIRST TRUST NASDQ 100 EQ WEI / QQEW Daily stock chart

FIRST TRUST NASDQ 100 EQ WEI

NASDAQ:QQEW (11/6/2025, 8:06:41 PM)

140.324

-2.39 (-1.68%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-1.68%
1 Week-2.12%
2 Weeks-2.5%
1 Month-1.85%
3 Month3.5%
6 Month11.96%
12 Month7.61%
2 Year28.02%
3 Year47.32%
5 Year45.66%
10 Year218.92%
15 Year520.08%
Volatility
ATR(14)1.68
ATR(20)%1.44%
ATR Inc35.31%
Range Today2.4
ADR(20)1.74
ADR(20)%1.24%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS63.61
3 months CRS59.8
6 months CRS62.6
Mansfield-0.34
10 Day High146.44
10 Day Low140.08
20 Day High146.44
20 Day Low138.5
52 Week High146.44
52 Week Low104.28
CS1 End139.88
CR1 Start140.55
Volume & EV
DER(3)-4.78%
DER(5)-3.08%
Volume49.90K
Volume Incr-47.01%
Vol(5)34.48K
Vol(50)55.48K

FIRST TRUST NASDQ 100 EQ WEI / QQEW FAQ

What is the technical rating for QQEW stock?

ChartMill assigns a technical rating of 5 / 10 to QQEW.


Can you provide the trend direction for FIRST TRUST NASDQ 100 EQ WEI?

The current trend direction for FIRST TRUST NASDQ 100 EQ WEI (QQEW) is Bullish.


What is the RSI signal for FIRST TRUST NASDQ 100 EQ WEI (QQEW) stock?

FIRST TRUST NASDQ 100 EQ WEI (QQEW) has an RSI value of 43.5303. This indicates that the stock is currently neutral.


What is the short term momentum for QQEW stock?

The short term momentum for FIRST TRUST NASDQ 100 EQ WEI (QQEW) is neutral.