Technical Analysis for QLTY - The 2023 ETF Series Trust II GMO U.S. Quality ETF

Grade Last Price % Change Price Change
B 29.46 1.03% 0.30
QLTY closed up 1.03 percent on Monday, May 6, 2024, on 1.19 times normal volume. The stock rose above its 50 day moving average, improving its intermediate-term outlook by crossing above that important trendline.
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Trend Table & Recent EOD Trading Signals

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

Date Alert Name Type % Chg
Crossed Above 50 DMA Bullish 0.00%
Pocket Pivot Bullish Swing Setup 0.00%
Up 3 Days in a Row Strength 0.00%
50 DMA Resistance Bearish 1.03%
Crossed Above 20 DMA Bullish 1.03%
MACD Bullish Signal Line Cross Bullish 1.03%
NR7 Range Contraction 1.03%
Narrow Range Bar Range Contraction 1.03%
Gapped Up Strength 1.03%
Inside Day Range Contraction 1.97%

   Recent Intraday Alerts

Alert Time
60 Minute Opening Range Breakout about 5 hours ago
Possible NR7 about 5 hours ago
2x Volume Pace about 8 hours ago
1.5x Volume Pace about 8 hours ago
3x Volume Pace about 8 hours ago

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Profile

The 2023 ETF Series Trust II GMO U.S. Quality ETF Description

QLTY seeks total return by investing in US companies deemed high quality. These companies are defined as having established businesses capable of delivering substantial returns on past investments, utilizing cash flows for high-return investments, or returning cash to shareholders through dividends or share buybacks. The investment strategy combines systematic factors like profitability and leverage, alongside judgmental factors such as assessments of future profitability and growth prospects. It may also use various valuation methodologies, including discounted cash flow analysis and multiples of price-to-earnings, revenues, book values, or other fundamental metrics, to acquire underrated stocks. Additionally, the fund may invest in other ETFs. The fund may also invest in the GMO U.S. Treasury Fund, and money market funds. Investment decisions are not constrained by portfolio turnover rates or benchmark considerations.


Classification

Keywords: Fundamental Analysis Share Repurchase

Top 10 Components

Symbol Grade Price % Change Allocation
MSFT C 1.69 7.48
UNH C 0.39 4.88
GOOGL B 0.51 4.13
JNJ F -0.46 3.99
ORCL D 2.19 3.94
META D 3.04 3.73
ACN D 0.77 3.73
AMZN A 1.34 3.54
AAPL B -0.91 3.44
ABT F -0.25 3.42

Is QLTY 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 29.8536
52 Week Low 25.171
Average Volume 217,358
200-Day Moving Average 0.00
50-Day Moving Average 29.18
20-Day Moving Average 28.98
10-Day Moving Average 29.03
Average True Range 0.32
RSI (14) 58.16
ADX 16.65
+DI 26.11
-DI 22.46
Chandelier Exit (Long, 3 ATRs) 28.64
Chandelier Exit (Short, 3 ATRs) 29.35
Upper Bollinger Bands 29.59
Lower Bollinger Band 28.37
Percent B (%b) 0.89
BandWidth 4.20
MACD Line -0.01
MACD Signal Line -0.06
MACD Histogram 0.0454
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 29.84
Resistance 3 (R3) 29.80 29.63 29.77
Resistance 2 (R2) 29.63 29.54 29.65 29.75
Resistance 1 (R1) 29.55 29.48 29.59 29.59 29.73
Pivot Point 29.38 29.38 29.41 29.40 29.38
Support 1 (S1) 29.30 29.29 29.34 29.34 29.19
Support 2 (S2) 29.13 29.23 29.15 29.17
Support 3 (S3) 29.05 29.13 29.15
Support 4 (S4) 29.09