NASDAQ:QQQX - Nasdaq - US6706991071 - Currency: USD
We assign a technical rating of 6 out of 10 to QQQX. QQQX has been an average performer in the overall market. Recently some decent action could be observed, but in the medium term time frame this is still negative.
QQQX has an average technical rating and also 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.
21.21
2 important support areas can be observed.
We found 1 important resistance area.
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 | NEUTRAL | NEUTRAL | The long term trend for QQQX is neutral. |
ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for QQQX is up. |
ChartMill Relative Strength | 56.38 | NEUTRAL | QQQX is not amongst the best or worst performers on the market. |
Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of QQQX is above the rising SMA(20). |
Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of QQQX is above the rising SMA(50). |
Simple Moving Average/SMA (200) | UP | MIXED | The current price of QQQX is below the rising SMA(200). |
Relative Strength Index/RSI (14) | 62.83 | NEUTRAL | The RSI value for QQQX is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests QQQX has a positive trend. |
Stochastics (14,3) | 83.95 | OVERBOUGHT | The high Stochastics value suggests QQQX may be overbought. |
Average True Range in percent/ATR (20) | 1.3 | LOW VOLATILITY | The low ATR as a percentage value for QQQX suggests low volalility. |
Average Directional Index/ADX (14) | 14.6 | NEGATIVE | The low ADX value for QQQX suggests a weak or negative trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
ENTRY | EXIT | DISTANCE | CAPITAL |
---|---|---|---|
25.33 | 24.47 | 0.86 (3.38%) | 25.00% |
An entry @25.33. This is a Buy Stop order right above the 10 day high. | An exit @24.47. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.86 points, which is 3.38%. | For a 0.84% total portfolio risk, you can invest 25.00% of your capital in this trade. |
NASDAQ:QQQX (5/30/2025, 8:00:01 PM)
25.24
+0.07 (+0.28%)