INVESCO QQQ TRUST SERIES 1 (QQQ)

US46090E1038 - ETF

425.84  -5.26 (-1.22%)

Premarket: 427.07 +1.23 (+0.29%)

Technical Rating and Analysis

6

Overall QQQ gets a technical rating of 6 out of 10. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.

Looking at the yearly performance, QQQ did better than 83% of all other stocks. On top of that, QQQ also shows a nice and consistent pattern of rising prices.
QQQ 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 QQQ is performing more or less in line with the market.
QQQ has an average volume of 45040600 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
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.
In the last month QQQ has a been trading in a tight range between 424.90 and 449.34.
Weekly and Daily overview Charts
QQQ Weekly chart
QQQ Daily chart
Setup Rating and Analysis

3

QQQ has an average technical rating and it also does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.

Support and Resistance Analysis

387.35

450.85

2 important support areas can be observed.

  • A support zone ranging from 425.61 to 425.83. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @391.26 from a trend line in the weekly time frame.

When analyzing the resistance we notice one important area.

  • A resistance zone ranging from 431.35 to 446.39. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS83.25
Mansfield0.1
10 Day High446.95
10 Day Low424.9
20 Day High449.34
20 Day Low424.9
52 Week High449.34
52 Week Low309.89
Performance
1 Week-2.86%
2 Weeks-3.68%
1 Month-2.9%
3 Month1.11%
6 Month20.09%
12 Month34.5%
2 Year35.94%
3 Year25.99%
5 Year124.67%
10 Year387.29%
15 Year1142.24%
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)
Technical Indicators
MACD(12,26,9)-1.99
RSI(14)37.16
LBB427.4
UBB449.86
QQQ Daily chart

INVESCO QQQ TRUST SERIES 1

NASDAQ:QQQ (4/17/2024, 7:21:27 PM)

Premarket: 427.07 +1.23 (+0.29%)

425.84

-5.26 (-1.22%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-1.22%
1 Week-2.86%
2 Weeks-3.68%
1 Month-2.9%
3 Month1.11%
6 Month20.09%
12 Month34.5%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)6.73
ATR(20)%1.43%
ATR Inc
Range Today8.22
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High446.95
10 Day Low424.9
20 Day High449.34
20 Day Low424.9
52 Week High449.34
52 Week Low309.89
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume56.88M
Volume Incr22.94%
Vol(5)53.42M
Vol(50)45.04M