Technical Analysis for QCLN - First Trust NASDAQ Clean Edge Green Energy Index Fund

Grade Last Price % Change Price Change
D 35.04 1.89% 0.65
QCLN closed up 1.89 percent on Monday, May 6, 2024, on 88 percent of normal volume. The stock exhibited some range contraction during this trading session as price made an NR7 -- narrowest range of the last seven sessions. 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.
4 Watchers
Watchlist Portfolio

Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Down Up Up

Date Alert Name Type % Chg
MACD Bullish Centerline Cross Bullish 0.00%
Pocket Pivot Bullish Swing Setup 0.00%
NR7 Range Contraction 0.00%
Narrow Range Bar Range Contraction 0.00%
Weak + Overbought Other 0.00%
Weak, Overbought and Reversal Signs Reversal 0.00%
Gapped Up Strength 0.00%
Overbought Stochastic Strength 0.00%
Up 3 Days in a Row Strength 0.00%
Crossed Above 50 DMA Bullish 1.89%

   Recent Intraday Alerts

Alert Time
Gap Up Closed about 9 hours ago
Gap Up Partially Closed about 10 hours ago
Upper Bollinger Band Resistance about 10 hours ago
Gapped Up (Partial) about 10 hours ago
Rose Above Previous Day's High about 10 hours ago

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Profile

The investment seeks investment results that correspond generally to the price and yield (before the fund's fees and expenses) of an equity index called the NASDAQ(R) Clean Edge(R) Green Energy Index(SM). The fund will normally invest at least 90% of its net assets plus the amount of any borrowings for investment purposes in common stocks that comprise the index. The index is a modified market capitalization-weighted index in which larger companies receive a larger Index weighting and includes caps to prevent high concentrations among larger alternative energy stocks. The fund is non-diversified.
Classification

Keywords: Exchange Traded Fund ETF Stock Market Index Capitalization Weighted Index Active Management Alternative Energy Green Energy

Top 10 Components

Symbol Grade Price % Change Allocation
FSLR B 1.18 9.83
ENPH F 0.77 7.53
TSLA C 1.97 7.48
ON F -0.99 7.46
ALB D 2.09 7.10
AYI C 1.86 4.17
OLED C 3.20 3.98
RIVN F 2.58 3.34
LCID D 9.52 3.03
ALGM C 0.40 3.02

Is QCLN 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 57.005
52 Week Low 29.95
Average Volume 185,817
200-Day Moving Average 38.84
50-Day Moving Average 33.38
20-Day Moving Average 32.38
10-Day Moving Average 32.68
Average True Range 1.00
RSI (14) 63.64
ADX 13.52
+DI 36.91
-DI 20.42
Chandelier Exit (Long, 3 ATRs) 32.05
Chandelier Exit (Short, 3 ATRs) 32.94
Upper Bollinger Bands 35.18
Lower Bollinger Band 29.59
Percent B (%b) 0.98
BandWidth 17.26
MACD Line 0.09
MACD Signal Line -0.36
MACD Histogram 0.4467
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 35.60
Resistance 3 (R3) 35.53 35.29 35.50
Resistance 2 (R2) 35.29 35.15 35.32 35.47
Resistance 1 (R1) 35.16 35.06 35.23 35.23 35.44
Pivot Point 34.92 34.92 34.95 34.95 34.92
Support 1 (S1) 34.79 34.78 34.86 34.86 34.64
Support 2 (S2) 34.55 34.69 34.58 34.61
Support 3 (S3) 34.42 34.55 34.58
Support 4 (S4) 34.49