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 6 out of 10. XQQ has been an average performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term things are still fine.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
XQQ is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so XQQ is performing more or less in line with the market.
When comparing the performance of all stocks over the past year, XQQ turns out to be only a medium performer in the overall market: it outperformed 67% of all stocks.
In the last month XQQ has a been trading in a tight range between 56.15 and 58.61.
XQQ has an average technical rating and it also 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
58.57
We found 5 important support areas.
- A support zone ranging from 54.96 to 56.52. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @53.11 from a horizontal line in the daily time frame.
- Support @52.17 from a horizontal line in the daily time frame.
- Support @45.30 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 57.19 to 57.99. This zone is formed by a combination of multiple trend lines and important moving averages 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 | NEUTRAL | NEUTRAL | The short term trend for XQQ.CA is neutral. |
| ChartMill Relative Strength | 67.99 | NEUTRAL | XQQ.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of XQQ.CA is below a declining 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) | 47.56 | NEUTRAL | The RSI value for XQQ.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.16 | NEGATIVE | The MACD value suggests XQQ.CA has a negative trend. |
| Stochastics (14,3) | 49.76 | NEUTRAL | The Stochastics value for XQQ.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 0.97 | LOW VOLATILITY | The low ATR as a percentage value for XQQ.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 31.88 | POSITIVE | The high ADX value value for XQQ.CA suggests a strong 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 (8/1/2025, 7:00:00 PM)
56.53
-1.16 (-2.01%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-2.01%
1 Week-2.2%
2 Weeks-1.29%
1 Month-0.91%
3 Month12.63%
6 Month5.05%
12 Month21.6%
2 Year42.93%
3 Year77.21%
5 Year83.53%
10 Year392.4%
15 YearN/A
Volatility
ATR(14)0.56
ATR(20)%0.97%
ATR Inc174.64%
Range Today0.7
ADR(20)0.47
ADR(20)%0.84%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS67.99
Mansfield0.22
10 Day High58.61
10 Day Low56.3
20 Day High58.61
20 Day Low56.15
52 Week High58.61
52 Week Low41.44
CS1 End56.52
CR1 Start57.19
Volume & EV
DER(3)1.32%
DER(5)3.97%
Volume217.02K
Volume Incr22.33%
Vol(5)167.32K
Vol(50)134.33K