INVESCO NASDAQ NEXT GEN 100 (QQQJ) Stock Technical Analysis
NASDAQ:QQQJ - Nasdaq - US46138G6310 - ETF - Currency: USD
Taking everything into account, QQQJ scores 8 out of 10 in our technical rating. QQQJ has been one of the better performers in the overall market. Some doubts were observed in the medium time frame, but recent action was again very positive.
Both the short term and long term trends are positive. This is a very positive sign.
Looking at the yearly performance, QQQJ did better than 71% of all other stocks.
QQQJ 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 QQQJ is lagging the market slightly.
In the last month QQQJ has a been trading in a tight range between 30.31 and 31.81.
QQQJ has an excellent technical rating, but the quality of the setup is only medium 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.
More info and screens
26.33
33.25
When analyzing the support we can see 2 important areas.
- A support zone ranging from 30.22 to 31.39. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 26.60 to 26.74. This zone is formed by a combination of multiple trend lines in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- Resistance @31.96 from a trend line in the daily time frame.
- A resistance zone ranging from 32.48 to 32.92. This zone is formed by a combination of multiple trend lines 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 QQQJ is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for QQQJ is up. |
| ChartMill Relative Strength | 71.18 | POSITIVE | QQQJ has a high relative strength, it outperformed 71.18% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of QQQJ is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of QQQJ is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of QQQJ is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 62.5 | NEUTRAL | The RSI value for QQQJ is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests QQQJ has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 89.59 | OVERBOUGHT | The high Stochastics value suggests QQQJ may be overbought. |
| Average True Range in percent/ATR (20) | 1.14 | LOW VOLATILITY | The low ATR as a percentage value for QQQJ suggests low volalility. |
| Average Directional Index/ADX (14) | 14.44 | NEGATIVE | The low ADX value for QQQJ suggests a weak or negative trend. |
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)
NASDAQ:QQQJ (6/27/2025, 3:56:18 PM)
31.79
+0.01 (+0.03%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.03%
1 Week1.79%
2 Weeks1.34%
1 Month3.25%
3 Month8.98%
6 Month1.47%
12 Month14.03%
2 Year21.58%
3 Year36.51%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.33
ATR(20)%1.14%
ATR Inc-24.41%
Range Today0.29
ADR(20)0.33
ADR(20)%1.02%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS71.18
Mansfield-0.09
10 Day High31.81
10 Day Low30.84
20 Day High31.81
20 Day Low30.31
52 Week High32.99
52 Week Low24.89
CS1 End31.39
CR1 Start31.96
Volume & EV
DER(3)-0.09%
DER(5)1.54%
Volume41.82K
Volume Incr-20.34%
Vol(5)57.66K
Vol(50)78.80K