Taking everything into account, QTEC scores 6 out of 10 in our technical rating. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, QTEC is only an average performer.
QTEC has an average technical rating and the quality of the presented setup is also 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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206.86
5 important support areas can be observed.
- A support zone ranging from 230.20 to 233.01. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @226.38 from a trend line in the weekly time frame.
- Support @222.63 from a trend line in the daily time frame.
- A support zone ranging from 213.75 to 216.59. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @208.95 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 241.82 to 243.77. 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 | NEUTRAL | NEUTRAL | The short term trend for QTEC is neutral. |
| ChartMill Relative Strength | 75.29 | POSITIVE | QTEC has a high relative strength, it outperformed 75.29% 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) | 53.54 | NEUTRAL | The RSI value for QTEC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.24 | NEGATIVE | The MACD value suggests QTEC has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 43.19 | NEUTRAL | The Stochastics value for QTEC is a neutral value. |
| Average True Range in percent/ATR (20) | 1.77 | LOW VOLATILITY | The low ATR as a percentage value for QTEC suggests low volalility. |
| Average Directional Index/ADX (14) | 16.16 | NEGATIVE | The low ADX value for QTEC 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 |
|---|---|---|---|
| 234.24 | 230.19 | 4.05 (1.73%) | 25.00% |
| An entry @234.24. This is a Buy Stop order right above the 10 day moving average. | An exit @230.19. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 4.05 points, which is 1.73%. | For a 0.43% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of QTEC. Please evaluate whether better entry and exit points can be found.
- 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.
NASDAQ:QTEC (12/23/2025, 11:01:50 AM)
233.77
-1.13 (-0.48%)
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 6 / 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 53.5399. This indicates that the stock is currently neutral.
What is the support and resistance level for QTEC stock?
FIRST TRUST NASDQ 100 TECH I (QTEC) has a support level at 234.23 and a resistance level at 241.82. Check the full technical report for our detailed analysis of QTEC support and resistance levels.