We assign a technical rating of 7 out of 10 to QQQX. Although QQQX is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Besides having an excellent technical rating, QQQX also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 28.59. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 28.40, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
25.90
We found 1 important support area.
When analyzing the resistance we notice one important 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 | UP | POSITIVE | The long term trend for QQQX is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for QQQX is up. |
| ChartMill Relative Strength | 61.15 | 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 | POSITIVE | The current price of QQQX is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 57.84 | NEUTRAL | The RSI value for QQQX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests QQQX has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 85.73 | OVERBOUGHT | The high Stochastics value suggests QQQX may be overbought. |
| Average True Range in percent/ATR (20) | 1.09 | LOW VOLATILITY | The low ATR as a percentage value for QQQX suggests low volalility. |
| Average Directional Index/ADX (14) | 14.73 | 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 |
|---|---|---|---|
| 28.63 | 27.35 | 1.28 (4.47%) | 22.37% |
| An entry @28.63. This is a Buy Stop order right above the resistance zone. | An exit @27.35. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 1.28 points, which is 4.47%. | For a 1.00% total portfolio risk, you can invest 22.37% of your capital in this trade. |
NASDAQ:QQQX (12/31/2025, 8:25:23 PM)
28.52
-0.1 (-0.35%)
ChartMill assigns a technical rating of 7 / 10 to QQQX.
The current trend direction for NUVEEN NASDAQ 100 DYN OVERWR (QQQX) is Bullish.
NUVEEN NASDAQ 100 DYN OVERWR (QQQX) has an RSI value of 57.8397. This indicates that the stock is currently neutral.
The short term momentum for NUVEEN NASDAQ 100 DYN OVERWR (QQQX) is positive.
The buy/sell signal for NUVEEN NASDAQ 100 DYN OVERWR (QQQX) is buy as both the short term and long term trends are positive.