Technical Analysis for IQQQ - ProShares Nasdaq-100 High Income ETF

Grade Last Price % Change Price Change
C 41.10 -0.17% -0.07
IQQQ closed down 0.17 percent on Wednesday, May 22, 2024, on 2.36 times normal volume. The price action carved out a bearish shooting star candlestick pattern. That may indicate a downside reversal. Look for price to trade beneath the low of the shooting star for confirmation. Note that the stock is in overbought territory based on its Slow Stochastic indicator (14, 3, 3) -- so don't be surprised if it goes sideways or a pulls back.
0 Watchers
Watchlist Portfolio

Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent N/A N/A Up

Date Alert Name Type % Chg
Shooting Star Candlestick Bearish 0.00%
Lizard Bearish Bearish Day Trade Setup 0.00%
Overbought Stochastic Strength 0.00%
New 52 Week Closing High Bullish -0.17%
Pocket Pivot Bullish Swing Setup -0.17%
Outside Day Range Expansion -0.17%
Overbought Stochastic Strength -0.17%
Shooting Star Candlestick Bearish 0.15%
New 52 Week Closing High Bullish 0.15%
Gapped Up Strength 0.15%

Get a Trading Assistant

Let us help you stay on top of your investments. We will alert you to important technical developments on your portfolio & watchlist.

Profile

The index is designed to replicate the performance of an investment strategy that combines a long position in the Nasdaq-100 Index with a short position in Nasdaq-100 Index call options. Under normal circumstances, the fund will invest at least 80% of its total assets in component securities of the index or in instruments with similar economic characteristics. The fund is non-diversified. The fund is non-diversified.
Classification

Keywords: Exchange Traded Fund Index Fund Nasdaq 100

Top 10 Components

Symbol Grade Price % Change Allocation
MSFT C 0.34 7.31
AAPL B -0.75 6.65
NVDA B -0.46 5.46
AMZN B -0.01 4.60
AVGO C -0.50 3.93
META D 0.68 3.81
GOOGL B -0.83 2.42
GOOG B -0.86 2.36
TSLA D -3.48 2.23
COST A 0.12 2.09

Is IQQQ a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 42.06
52 Week Low 37.92
Average Volume 8,597
200-Day Moving Average 0.00
50-Day Moving Average 0.00
20-Day Moving Average 40.02
10-Day Moving Average 40.65
Average True Range 0.38
RSI (14) 64.41
ADX 19.14
+DI 43.05
-DI 21.20
Chandelier Exit (Long, 3 ATRs) 40.16
Chandelier Exit (Short, 3 ATRs) 39.59
Upper Bollinger Bands 41.58
Lower Bollinger Band 38.46
Percent B (%b) 0.85
BandWidth 7.79
MACD Line 0.31
MACD Signal Line 0.11
MACD Histogram 0.196
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 41.40
Resistance 3 (R3) 41.43 41.37 41.35
Resistance 2 (R2) 41.37 41.29 41.35 41.33
Resistance 1 (R1) 41.23 41.24 41.20 41.20 41.32
Pivot Point 41.17 41.17 41.15 41.15 41.17
Support 1 (S1) 41.04 41.09 41.01 41.01 40.89
Support 2 (S2) 40.97 41.05 40.96 40.88
Support 3 (S3) 40.84 40.97 40.86
Support 4 (S4) 40.81