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GLOBAL X NASDAQ-100 INDX ETF (QQQX.CA) Stock Technical Analysis

TSX:QQQX - Toronto Stock Exchange - CA37962C1014 - ETF - Currency: CAD

29.59  +0.22 (+0.75%)

Technical Rating and Analysis

1

Taking everything into account, QQQX scores 1 out of 10 in our technical rating. QQQX scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.

When comparing the yearly performance of all stocks, QQQX is a bad performer in the overall market: 100% of all stocks are doing better.
Warning: QQQX has an average volume of 10621 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
In the last month QQQX has a been trading in the 25.82 - 30.79 range, which is quite wide. It is currently trading near the high of this range.
The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Weekly and Daily overview Charts
GLOBAL X NASDAQ-100 INDX ETF / QQQX Weekly stock chart
GLOBAL X NASDAQ-100 INDX ETF / QQQX Daily stock chart
Setup Rating and Analysis

5

QQQX has a poor technical rating and the quality of the setup is also 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.

Support and Resistance Analysis

26.42

34.79

We found 2 important support areas.

  • Support @27.63 from a horizontal line in the weekly time frame.
  • A support zone ranging from 26.69 to 27.10. This zone is formed by a combination of multiple trend lines in multiple time frames.

When analyzing the resistance we notice 2 important areas.

  • A resistance zone ranging from 29.60 to 29.60. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Resistance @34.45 from a horizontal line in the daily time frame.
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
CRS0
Mansfield-30
10 Day High29.65
10 Day Low26.65
20 Day High30.79
20 Day Low25.82
52 Week HighN/A
52 Week LowN/A
Performance
1 Week7.05%
2 Weeks3.79%
1 Month-2.38%
3 Month-13.2%
6 Month-2.31%
12 MonthN/A
2 YearN/A
3 YearN/A
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)0.32
RSI(14)52.49
LBB26.89
UBB30.13
GLOBAL X NASDAQ-100 INDX ETF / QQQX Daily stock chart

GLOBAL X NASDAQ-100 INDX ETF

TSX:QQQX (4/29/2025, 7:00:00 PM)

29.59

+0.22 (+0.75%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.75%
1 Week7.05%
2 Weeks3.79%
1 Month-2.38%
3 Month-13.2%
6 Month-2.31%
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.98
ATR(20)%3.78%
ATR Inc-69.26%
Range Today0.16
ADR(20)0.85
ADR(20)%2.88%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0
Mansfield-30
10 Day High29.65
10 Day Low26.65
20 Day High30.79
20 Day Low25.82
52 Week HighN/A
52 Week LowN/A
CS1 End27.63
CR1 Start29.6
Volume & EV
DER(3)0.99%
DER(5)0.38%
Volume11.64K
Volume Incr-42.72%
Vol(5)9.24K
Vol(50)10.62K