ISHARES NASDAQ 100 INDEX ETF (XQQ.CA) Stock Technical Analysis
TSX:XQQ - Toronto Stock Exchange - CA46431V1031 - ETF - Currency: CAD
Overall XQQ gets a technical rating of 8 out of 10. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, XQQ is only an average performer.
Both the short term and long term trends are positive. This is a very positive sign.
XQQ is currently making a new 52 week high. This is a strong signal. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month XQQ has a been trading in the 53.40 - 56.91 range, which is quite wide. It is currently trading near the high of this range.
Looking at the yearly performance, XQQ did better than 71% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
Although XQQ has an excellent technical rating, it does not offer a high quality setup 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.
More info and screens
42.67
57.38
5 important support areas can be observed.
- A support zone ranging from 54.83 to 56.08. 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 52.77 to 53.84. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @50.67 from a horizontal line in the daily time frame.
- Support @44.89 from a trend line in the weekly time frame.
- Support @43.10 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 56.81 to 56.81. 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 XQQ.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for XQQ.CA is up. |
| ChartMill Relative Strength | 71.65 | POSITIVE | XQQ.CA has a high relative strength, it outperformed 71.65% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of XQQ.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of XQQ.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of XQQ.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 73.41 | OVERBOUGHT | The high RSI value suggests XQQ.CA may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.11 | POSITIVE | The MACD value suggests XQQ.CA has a positive trend. |
| Stochastics (14,3) | 95.92 | OVERBOUGHT | The high Stochastics value suggests XQQ.CA may be overbought. |
| Average True Range in percent/ATR (20) | 1.12 | LOW VOLATILITY | The low ATR as a percentage value for XQQ.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 24.83 | NEUTRAL | The ADX value for XQQ.CA suggests a possible start of a new trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
TSX:XQQ (7/3/2025, 7:00:00 PM)
56.8
+0.53 (+0.94%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.94%
1 Week2.68%
2 Weeks4.99%
1 Month4.84%
3 Month30.31%
6 Month6.19%
12 Month10.31%
2 Year41.39%
3 Year68.74%
5 Year104.42%
10 Year361.22%
15 YearN/A
Volatility
ATR(14)0.65
ATR(20)%1.12%
ATR Inc-3.26%
Range Today0.43
ADR(20)0.52
ADR(20)%0.92%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS71.65
Mansfield0.23
10 Day High56.91
10 Day Low53.4
20 Day High56.91
20 Day Low53.4
52 Week High56.91
52 Week Low41.44
CS1 End55.55
CR1 Start56.05
Volume & EV
DER(3)-5.24%
DER(5)-1.06%
Volume148.38K
Volume Incr13.16%
Vol(5)143.25K
Vol(50)182.23K