FIRST TRUST NASDQ 100 TECH I (QTEC) Stock Technical Analysis
USA - NASDAQ:QTEC - US3373451026 - ETF
We assign a technical rating of 9 out of 10 to QTEC. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, QTEC is showing a nice and steady performance.
Although QTEC has an excellent technical rating, the quality of the presented setup is not ideal 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.
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206.85
When analyzing the support we can see 5 important areas.
- A support zone ranging from 239.44 to 239.44. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 230.63 to 234.34. 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 221.62 to 226.52. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 213.75 to 216.95. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A support zone ranging from 208.94 to 209.57. 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 QTEC is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for QTEC is up. |
| ChartMill Relative Strength | 78.72 | POSITIVE | QTEC has a high relative strength, it outperformed 78.72% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of QTEC is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of QTEC is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of QTEC is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 62.07 | NEUTRAL | The RSI value for QTEC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests QTEC has a positive trend. |
| Stochastics (14,3) | 81.84 | OVERBOUGHT | The high Stochastics value suggests QTEC may be overbought. |
| Average True Range in percent/ATR (20) | 1.97 | LOW VOLATILITY | The low ATR as a percentage value for QTEC suggests low volalility. |
| Average Directional Index/ADX (14) | 16.98 | NEGATIVE | The low ADX value for QTEC suggests a weak or negative trend. |
NASDAQ:QTEC (10/27/2025, 1:31:02 PM)
243
+3.57 (+1.49%)
FIRST TRUST NASDQ 100 TECH I / QTEC FAQ
What is the ChartMill technical rating of FIRST TRUST NASDQ 100 TECH I (QTEC) stock?
ChartMill assigns a technical rating of 9 / 10 to QTEC.
What is the current trend direction of FIRST TRUST NASDQ 100 TECH I (QTEC) stock?
The current trend direction for FIRST TRUST NASDQ 100 TECH I (QTEC) is Bullish.
What is the RSI signal for QTEC stock?
FIRST TRUST NASDQ 100 TECH I (QTEC) has an RSI value of 62.0693. This indicates that the stock is currently neutral.
What is the buy/sell signal for QTEC stock?
The buy/sell signal for FIRST TRUST NASDQ 100 TECH I (QTEC) is buy as both the short term and long term trends are positive.
What are the support and resistance levels for FIRST TRUST NASDQ 100 TECH I (QTEC) stock?
FIRST TRUST NASDQ 100 TECH I (QTEC) has a support level at 234.34 and a resistance level at 239.44. Check the full technical report for our detailed analysis of QTEC support and resistance levels.