FT VEST NASDAQ-100 BUFFER ET (QSPT) Stock Technical Analysis
NYSEARCA:QSPT - NYSE Arca - US33740U8365 - ETF - Currency: USD
Taking everything into account, QSPT scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, QSPT is showing a nice and steady performance.
Besides having an excellent technical rating, QSPT also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 28.48. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 28.32, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for QSPT in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
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23.91
When analyzing the support we can see 4 important areas.
- A support zone ranging from 27.94 to 28.32. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 26.88 to 27.35. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 24.65 to 25.03. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- A support zone ranging from 24.15 to 24.21. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 28.48 to 28.62. 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 QSPT is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for QSPT is up. |
| ChartMill Relative Strength | 73.46 | POSITIVE | QSPT has a high relative strength, it outperformed 73.46% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of QSPT is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of QSPT is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of QSPT is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 65.38 | NEUTRAL | The RSI value for QSPT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests QSPT has a negative trend. |
| Stochastics (14,3) | 84.64 | OVERBOUGHT | The high Stochastics value suggests QSPT may be overbought. |
| Average True Range in percent/ATR (20) | 0.94 | LOW VOLATILITY | The low ATR as a percentage value for QSPT suggests low volalility. |
| Average Directional Index/ADX (14) | 20.56 | NEUTRAL | The ADX value for QSPT suggests a possible start of a new 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 | 27.93 | 0.70 (2.44%) | 25.00% |
| An entry @28.63. This is a Buy Stop order right above the resistance zone. | An exit @27.93. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.70 points, which is 2.44%. | For a 0.61% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
NYSEARCA:QSPT (5/30/2025, 8:04:02 PM)
28.429
+0.03 (+0.09%)