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

Grade Last Price % Change Price Change
grade A 63.94 -0.03% -0.02
QQEW closed down 0.03 percent on Monday, March 18, 2019, on 38 percent of normal volume. Note that the stock is in overbought territory based on its Slow Stochastic indicator (14, 3, 3) -- sideways movement or a pullback should not be unexpected.

Trend Table & Recent Signals
ADX Long-Term Intermediate-Term Short-Term
Weak or Absent Up Up Up
See historical QQEW trend table...

Date Alert Name Type % Chg
Mar 18 Cup with Handle Other 0.00%
Mar 18 Upper Bollinger Band Walk Strength 0.00%
Mar 18 BB Squeeze Ended Range Expansion 0.00%
Mar 18 Overbought Stochastic Strength 0.00%
Mar 18 Upper Bollinger Band Touch Strength 0.00%
Mar 15 Golden Cross Bullish -0.03%
Mar 15 180 Bullish Setup Bullish Swing Setup -0.03%
Mar 15 Bollinger Band Squeeze Range Contraction -0.03%
Mar 15 Stochastic Reached Overbought Strength -0.03%
Mar 15 BB Squeeze + Upper Band Touch Range Contraction -0.03%

Older signals for QQEW ...

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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-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.
Exchange Traded Fund Index Fund Stock Market Index Net Asset Value Nasdaq Nasdaq 100 Index
Is QQEW a Buy, Sell or Hold?
Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength
Summary: Counts: 3 bullish, 0 bearish and 2 neutral indicators. You may wish to incorporate that into your trading strategies.
Indicators
Indicator Value
52 Week High 64.331
52 Week Low 51.19
Average Volume 114,102
200-Day Moving Average 60.6996
50-Day Moving Average 61.0089
20-Day Moving Average 63.0817
10-Day Moving Average 62.9924
Average True Range 0.6788
ADX 21.18
+DI 37.2768
-DI 22.5319
Chandelier Exit (Long, 3 ATRs ) 62.15859999999999
Chandelier Exit (Short, 3 ATRs ) 63.1464
Upper Bollinger Band 64.132
Lower Bollinger Band 62.0314
Percent B (%b) 0.91
BandWidth 3.329967
MACD Line 0.6468
MACD Signal Line 0.6935
MACD Histogram -0.0467
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 64.73
Resistance 3 (R3) 64.73 64.46 64.60
Resistance 2 (R2) 64.46 64.26 64.46 64.55
Resistance 1 (R1) 64.20 64.14 64.33 64.20 64.51
Pivot Point 63.94 63.94 64.00 63.94 63.94
Support 1 (S1) 63.68 63.73 63.81 63.68 63.37
Support 2 (S2) 63.41 63.61 63.41 63.33
Support 3 (S3) 63.15 63.41 63.28
Support 4 (S4) 63.15