Technical Analysis for QQQ - PowerShares QQQ Trust, Series 1

Grade Last Price % Change Price Change
B 503.17 -0.06% -0.29
QQQ closed down 0.06 percent on Wednesday, November 20, 2024, on approximately normal volume.
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Trend Table & Recent EOD Trading Signals

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

Date Alert Name Type % Chg
20 DMA Support Bullish 0.00%
20 DMA Support Bullish -0.06%
Gapped Down Weakness -0.06%
MACD Bearish Signal Line Cross Bearish 0.63%
Crossed Above 20 DMA Bullish 0.63%
Non-ADX 1,2,3,4 Bullish Bullish Swing Setup 0.63%
Inside Day Range Contraction 0.63%
Fell Below 20 DMA Bearish 1.33%
Overbought Stochastic Strength 1.33%
Down 3 Days in a Row Weakness 1.33%

   Recent Intraday Alerts

Alert Time
Fell Below Previous Day's Low about 17 hours ago
Down 1 ATR about 17 hours ago
Down 1% about 18 hours ago
Fell Below 20 DMA about 18 hours ago
20 DMA Support about 18 hours ago

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Profile

PowerShares Capital Management LLC is passionate about our goal of delivering the highest quality investment management available through one of the more benefit-rich investment vehicles ever created, the exchange-traded fund. PowerShares QQQ, formerly known as "QQQ" or the "NASDAQ-100 Index Tracking Stock", is an exchange-traded fund based on the Nasdaq-100 Index. The Fund will, under most circumstances, consists of all of stocks in the Index. The Index includes 100 of the largest domestic and international non-financial companies listed on the Nasdaq Stock Market based on market capitalization. The Fund and the Index are rebalanced quarterly and reconstituted annually.
Classification

Keywords: Exchange Traded Fund ETF Exchange Traded Funds Stock Market Index Nasdaq 100 Invesco Powershares Nasdaq Composite Index Nasdaq 100 Index

Top 10 Components

Symbol Grade Price % Change Allocation
NVDA A -0.76 8.79
AAPL C 0.32 8.48
MSFT D -0.55 7.75
AMZN B -0.85 5.42
AVGO D -1.31 4.98
META C 0.79 4.90
TSLA B -1.15 3.68
COST A -0.22 2.58
GOOGL B -1.20 2.51
GOOG B -1.25 2.42

Is QQQ a Buy, Sell or Hold?

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

Comments

T

TraderMike over 1 year ago

Well this invalidated yesterday's hammer candlestick with today's close below the hammer's low.  It's feeling pretty heavy right now and that's no surprise given the action in many of its top components like AAPL, MSFT, NVDA (broke its 50 DMA today), TSLA & AVGO.  Seems like big cap tech needs some kind of catalyst to break it from its current funk but I have no idea what that catalyst might be.  NVDA earnings in a couple of weeks?

0 Reply
T

TraderMike over 1 year ago

The relative strength here is unreal!  Tagged the upper Bollinger Band today.  Looks like big cap tech may drag the rest of the market up kicking & screaming  

0 Reply
T

TraderMike over 1 year ago

test

0 Reply

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Indicators

Indicator Value
52 Week High 515.58
52 Week Low 380.0535
Average Volume 29,201,056
200-Day Moving Average 462.78
50-Day Moving Average 491.74
20-Day Moving Average 500.66
10-Day Moving Average 507.86
Average True Range 6.89
RSI (14) 54.13
ADX 17.11
+DI 22.59
-DI 24.70
Chandelier Exit (Long, 3 ATRs) 494.90
Chandelier Exit (Short, 3 ATRs) 504.43
Upper Bollinger Bands 519.71
Lower Bollinger Band 481.62
Percent B (%b) 0.57
BandWidth 7.61
MACD Line 4.06
MACD Signal Line 4.89
MACD Histogram -0.8285
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 513.54
Resistance 3 (R3) 512.49 507.98 511.81
Resistance 2 (R2) 507.98 505.34 508.51 511.24
Resistance 1 (R1) 505.58 503.71 506.78 506.63 510.66
Pivot Point 501.07 501.07 501.67 501.59 501.07
Support 1 (S1) 498.66 498.42 499.86 499.71 495.68
Support 2 (S2) 494.15 496.79 494.68 495.10
Support 3 (S3) 491.75 494.15 494.53
Support 4 (S4) 492.80