GLOBAL X NASDAQ-100 INDX ETF (QQQX.CA) Stock Technical Analysis
Canada - Toronto Stock Exchange - TSX:QQQX - CA37962C1014 - ETF
Overall QQQX gets a technical rating of 6 out of 10. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, QQQX is only an average performer.
QQQX 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.
More info and screens
27.35
We found 3 important support areas.
- A support zone ranging from 37.80 to 38.61. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 37.15 to 37.16. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @27.63 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 39.75 to 39.96. 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 QQQX.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for QQQX.CA is up. |
| ChartMill Relative Strength | 49.37 | NEUTRAL | QQQX.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of QQQX.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of QQQX.CA is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of QQQX.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 58.93 | NEUTRAL | The RSI value for QQQX.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.12 | POSITIVE | The MACD value suggests QQQX.CA has a positive trend. |
| Stochastics (14,3) | 91.74 | OVERBOUGHT | The high Stochastics value suggests QQQX.CA may be overbought. |
| Average True Range in percent/ATR (20) | 0.97 | LOW VOLATILITY | The low ATR as a percentage value for QQQX.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 12 | NEGATIVE | The low ADX value for QQQX.CA suggests a weak or negative trend. |
TSX:QQQX (1/12/2026, 7:00:00 PM)
39.11
-0.07 (-0.18%)
GLOBAL X NASDAQ-100 INDX ETF / QQQX.CA FAQ
What is the ChartMill technical rating of GLOBAL X NASDAQ-100 INDX ETF (QQQX.CA) stock?
ChartMill assigns a technical rating of 6 / 10 to QQQX.CA.
Can you provide the trend direction for GLOBAL X NASDAQ-100 INDX ETF?
The current trend direction for GLOBAL X NASDAQ-100 INDX ETF (QQQX.CA) is Bullish.
What is the RSI signal for QQQX stock?
GLOBAL X NASDAQ-100 INDX ETF (QQQX.CA) has an RSI value of 58.9308. This indicates that the stock is currently neutral.
What is the short term momentum for GLOBAL X NASDAQ-100 INDX ETF (QQQX.CA) stock?
The short term momentum for GLOBAL X NASDAQ-100 INDX ETF (QQQX.CA) is positive.
Can you provide the buy/sell signal for GLOBAL X NASDAQ-100 INDX ETF?
The buy/sell signal for GLOBAL X NASDAQ-100 INDX ETF (QQQX.CA) is buy as both the short term and long term trends are positive.