ISHARES NASDAQ 100 INDEX ETF (XQQ.CA) Stock Technical Analysis
TSX:XQQ - Toronto Stock Exchange - CA46431V1031 - ETF - Currency: CAD
Taking everything into account, XQQ scores 6 out of 10 in our technical rating. XQQ has been an average performer in the overall market. Recently some decent action could be observed, but in the medium term time frame this is still negative.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
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.
In the last month XQQ has a been trading in the 46.60 - 53.61 range, which is quite wide. It is currently trading near the high of this range.
When compared to the yearly performance of all other stocks, XQQ outperforms 58% of them, which is more or less in line with the market.
Considerably lower volume is observed in the last couple of days.
XQQ has an average technical rating and also the quality of the setup is only medium 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
56.12
We found 4 important support areas.
- A support zone ranging from 52.08 to 52.64. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 50.39 to 50.67. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @44.29 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 54.77 to 55.56. 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 | NEUTRAL | NEUTRAL | The long term trend for XQQ.CA is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for XQQ.CA is up. |
| ChartMill Relative Strength | 58.76 | NEUTRAL | XQQ.CA is not amongst the best or worst performers 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) | 64.37 | NEUTRAL | The RSI value for XQQ.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.35 | POSITIVE | The MACD value suggests XQQ.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 91.84 | OVERBOUGHT | The high Stochastics value suggests XQQ.CA may be overbought. |
| Average True Range in percent/ATR (20) | 1.78 | LOW VOLATILITY | The low ATR as a percentage value for XQQ.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 21.65 | 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 (5/21/2025, 7:00:00 PM)
52.65
-0.7 (-1.31%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-1.31%
1 Week-0.47%
2 Weeks6.6%
1 Month15.01%
3 Month-2.7%
6 Month0.78%
12 Month10.7%
2 Year44.1%
3 Year59.61%
5 Year115.09%
10 Year334.48%
15 YearN/A
Volatility
ATR(14)0.86
ATR(20)%1.78%
ATR Inc-4.85%
Range Today1.17
ADR(20)0.75
ADR(20)%1.42%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS58.76
Mansfield-0.05
10 Day High53.61
10 Day Low48.93
20 Day High53.61
20 Day Low46.6
52 Week High55.67
52 Week Low41.44
CS1 End52.64
CR1 Start54.77
Volume & EV
DER(3)0.04%
DER(5)1.99%
Volume249.12K
Volume Incr-43.5%
Vol(5)172.52K
Vol(50)395.65K