Technical Analysis for QQQ - PowerShares QQQ Trust, Series 1

Grade Last Price % Change Price Change
C 431.00 1.54% 6.55
QQQ closed up 1.54 percent on Friday, April 26, 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 Down Up

Date Alert Name Type % Chg
Gapped Up Strength 0.00%
Gapped Down Weakness 1.54%
Non-ADX 1,2,3,4 Bearish Bearish Swing Setup 1.05%
Gapped Up Strength 1.05%
Up 3 Days in a Row Strength 1.05%
Oversold Stochastic Weakness 1.05%
Lower Bollinger Band Walk Weakness 1.40%
Gapped Up Strength 1.40%
Oversold Stochastic Weakness 1.40%
Stochastic Buy Signal Bullish 2.91%

   Recent Intraday Alerts

Alert Time
60 Minute Opening Range Breakout about 20 hours ago
Up 1 ATR about 20 hours ago
2x Volume Pace about 21 hours ago
1.5x Volume Pace about 21 hours ago
Up 1% about 21 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
MSFT D 1.82 8.81
AAPL F -0.35 7.56
NVDA B 6.18 6.21
AMZN A 3.43 5.46
META D 0.43 5.15
AVGO B 3.84 4.42
GOOGL A 10.22 2.70
GOOG A 9.97 2.62
COST B 1.01 2.39
TSLA D -1.11 2.12

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 9 months 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 about 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 about 1 year ago

test

0 Reply

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Indicators

Indicator Value
52 Week High 449.34
52 Week Low 313.0256
Average Volume 45,781,327
200-Day Moving Average 396.47
50-Day Moving Average 436.44
20-Day Moving Average 433.04
10-Day Moving Average 425.19
Average True Range 6.90
RSI (14) 48.98
ADX 17.79
+DI 24.20
-DI 29.38
Chandelier Exit (Long, 3 ATRs) 426.84
Chandelier Exit (Short, 3 ATRs) 433.76
Upper Bollinger Bands 450.79
Lower Bollinger Band 415.28
Percent B (%b) 0.44
BandWidth 8.20
MACD Line -3.77
MACD Signal Line -3.10
MACD Histogram -0.6695
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 439.45
Resistance 3 (R3) 439.02 435.79 438.04
Resistance 2 (R2) 435.79 433.64 436.00 437.57
Resistance 1 (R1) 433.39 432.31 434.59 433.82 437.10
Pivot Point 430.16 430.16 430.76 430.37 430.16
Support 1 (S1) 427.76 428.01 428.96 428.19 424.90
Support 2 (S2) 424.53 426.68 424.74 424.43
Support 3 (S3) 422.13 424.53 423.96
Support 4 (S4) 422.56