Technical Analysis for QQEW - First Trust NASDAQ-100 Equal Weighted Index Fund

Grade Last Price % Change Price Change
C 119.55 0.39% 0.47
QQEW closed up 1.21 percent on Friday, May 3, 2024, on 69 percent of normal volume.
1 Watcher
Watchlist Portfolio

Trend Table & Recent EOD Trading Signals

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

Date Alert Name Type % Chg
Crossed Above 20 DMA Bullish 0.39%
Gapped Up Strength 0.39%
Hammer Candlestick Bullish 1.61%
MACD Bullish Signal Line Cross Bullish 1.61%
Gapped Up Strength 1.61%
MACD Bearish Signal Line Cross Bearish 2.72%
Doji - Bullish? Reversal 2.72%
Gapped Down Weakness 2.72%
Fell Below 20 DMA Bearish 2.01%
Gapped Down Weakness 2.01%

   Recent Intraday Alerts

Get this analysis on your stocks daily!

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

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-100 Equal Weighted 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 NASDAQ-100 Equal Weighted Index(SM) is the equal-weighted version of the NASDAQ-100 Index(R) which includes 100 of the largest non-financial securities listed on NASDAQ(R) based on market capitalization. The fund is non-diversified.
Classification

Keywords: Exchange Traded Fund ETF Index Fund Stock Market Index Nasdaq 100 Index

Top 10 Components

Symbol Grade Price % Change Allocation
MU B 4.75 1.22
TSLA D 1.82 1.21
KDP A -0.38 1.18
CEG A 1.29 1.15
AZN A -0.76 1.15
KHC B -1.79 1.13
MRNA B -3.62 1.11
TTD B 1.66 1.11
FANG B 1.58 1.10
AVGO D 1.49 1.09

Is QQEW 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 124.84
52 Week Low 96.8671
Average Volume 91,652
200-Day Moving Average 112.69
50-Day Moving Average 121.03
20-Day Moving Average 118.47
10-Day Moving Average 117.90
Average True Range 1.63
RSI (14) 50.00
ADX 20.92
+DI 23.54
-DI 30.37
Chandelier Exit (Long, 3 ATRs) 118.77
Chandelier Exit (Short, 3 ATRs) 119.58
Upper Bollinger Bands 122.53
Lower Bollinger Band 114.41
Percent B (%b) 0.57
BandWidth 6.85
MACD Line -0.90
MACD Signal Line -1.07
MACD Histogram 0.1701
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 120.43
Resistance 3 (R3) 120.43 119.97 120.21
Resistance 2 (R2) 119.97 119.62 119.97 120.13
Resistance 1 (R1) 119.52 119.41 119.30 119.53 120.06
Pivot Point 119.07 119.07 118.95 119.07 119.07
Support 1 (S1) 118.62 118.72 118.39 118.63 118.10
Support 2 (S2) 118.16 118.51 118.17 118.03
Support 3 (S3) 117.72 118.16 117.95
Support 4 (S4) 117.73