NASDAQ:QQQY - Nasdaq - US88636J1549 - ETF - Currency: USD
We assign a technical rating of 2 out of 10 to QQQY. QQQY scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
QQQY has a poor technical rating and the quality of the setup is also not perfect 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.
22.98
We found 2 important support areas.
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 | DOWN | NEGATIVE | The long term trend for QQQY is down. |
ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for QQQY is down. |
ChartMill Relative Strength | 13.45 | NEGATIVE | QQQY has a low relative strength, it was outperformed by 86.55% off all stocks on the market. |
Simple Moving Average/SMA (20) | UP | MIXED | The current price of QQQY is below the rising SMA(20). |
Simple Moving Average/SMA (50) | UP | MIXED | The current price of QQQY is below the rising SMA(50). |
Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of QQQY is below a declining SMA(200). |
Relative Strength Index/RSI (14) | 48.9 | NEUTRAL | The RSI value for QQQY is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests QQQY has a negative trend, although the MACD value is rising. |
Stochastics (14,3) | 34.86 | NEUTRAL | The Stochastics value for QQQY is a neutral value. |
Average True Range in percent/ATR (20) | 0.73 | LOW VOLATILITY | The low ATR as a percentage value for QQQY suggests low volalility. |
Average Directional Index/ADX (14) | 17.05 | NEGATIVE | The low ADX value for QQQY suggests a weak or negative trend. |
NASDAQ:QQQY (8/6/2025, 9:36:55 AM)
25.83
-0.1 (-0.39%)