INVESCO NASDAQ 100 ETF (QQQM)
US46138G6492 - ETF
We assign a technical rating of 9 out of 10 to QQQM. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, QQQM is showing a nice and steady performance.
The long and short term trends are both positive. This is looking good!
When comparing the yearly performance of all stocks, we notice that QQQM is one of the better performing stocks in the market, outperforming 79% of all stocks. On top of that, QQQM also shows a nice and consistent pattern of rising prices.
QQQM is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month QQQM has a been trading in the 169.96 - 182.81 range, which is quite wide. It is currently trading near the high of this range.
QQQM has an average volume of 1779380 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Considerably lower volume is observed in the last couple of days.
QQQM 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
161.66
185.44
When analyzing the support we can see 2 important areas.
- A support zone ranging from 170.62 to 179.74. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @163.29 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 183.48 to 183.60. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS79.2
Mansfield0.03
10 Day High182.81
10 Day Low173.08
20 Day High182.81
20 Day Low169.96
52 Week High184.88
52 Week Low133.25
Performance
1 Week1.51%
2 Weeks2.57%
1 Month0.87%
3 Month1.11%
6 Month16.87%
12 Month36.1%
2 Year43.3%
3 Year32.55%
5 YearN/A
10 YearN/A
15 YearN/A
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)0.88
RSI(14)58.82
LBB171.94
UBB183.81
INVESCO NASDAQ 100 ETF
NASDAQ:QQQM (5/10/2024, 7:15:27 PM)
After market: 181.79 -0.11 (-0.06%)181.9
+0.42 (+0.23%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.23%
1 Week1.51%
2 Weeks2.57%
1 Month0.87%
3 Month1.11%
6 Month16.87%
12 Month36.1%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)2.5
ATR(20)%1.49%
ATR Inc
Range Today1.53
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 High182.81
10 Day Low173.08
20 Day High182.81
20 Day Low169.96
52 Week High184.88
52 Week Low133.25
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume957.60K
Volume Incr-35.66%
Vol(5)1.11M
Vol(50)1.78M