
USA - NASDAQ:QQQ - US46090E1038 - ETF
We assign a technical rating of 7 out of 10 to QQQ. Although QQQ is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Although QQQ has an excellent technical rating, it 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.
410.50
When analyzing the support we can see 3 important areas.
When analyzing the resistance we notice 2 important areas.
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 QQQ is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for QQQ is neutral. |
| ChartMill Relative Strength | 77.72 | POSITIVE | QQQ has a high relative strength, it outperformed 77.72% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of QQQ is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of QQQ is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of QQQ is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 49.11 | NEUTRAL | The RSI value for QQQ is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.11 | NEGATIVE | The MACD value suggests QQQ has a negative trend. |
| Stochastics (14,3) | 51.81 | NEUTRAL | The Stochastics value for QQQ is a neutral value. |
| Average True Range in percent/ATR (20) | 1.69 | LOW VOLATILITY | The low ATR as a percentage value for QQQ suggests low volalility. |
| Average Directional Index/ADX (14) | 16.02 | NEGATIVE | The low ADX value for QQQ suggests a weak or negative trend. |
NASDAQ:QQQ (11/7/2025, 2:45:09 PM)
607.8
-3.87 (-0.63%)
ChartMill assigns a technical rating of 7 / 10 to QQQ.
The current trend direction for INVESCO QQQ TRUST SERIES 1 (QQQ) is Bullish.
INVESCO QQQ TRUST SERIES 1 (QQQ) has an RSI value of 49.1095. This indicates that the stock is currently neutral.
The MACD indicator for INVESCO QQQ TRUST SERIES 1 (QQQ) has a value of -1.11477, indicating a bearish trend.
INVESCO QQQ TRUST SERIES 1 (QQQ) has a support level at 600.7 and a resistance level at 614.5. Check the full technical report for our detailed analysis of QQQ support and resistance levels.