Technical Analysis for QSIX - Pacer Metaurus Nasdaq 100 Dividend Multiplier 600 ETF
ADX | Long Term | Intermediate Term | Short Term |
---|---|---|---|
Weak or Absent | N/A | N/A | Down |
Date | Alert Name | Type | % Chg |
---|---|---|---|
20 DMA Support | Bullish | 0.00% | |
Gapped Down | Weakness | 0.00% | |
Narrow Range Bar | Range Contraction | -0.04% | |
Gapped Up | Strength | -0.04% | |
Crossed Above 20 DMA | Bullish | 0.61% | |
Volume Surge | Other | 0.61% | |
Gapped Up | Strength | 0.61% | |
Fell Below 20 DMA | Bearish | 1.14% | |
Narrow Range Bar | Range Contraction | 1.14% | |
Overbought Stochastic | Strength | 1.14% |
Alert | Time |
---|---|
Possible NR7 | 1 day ago |
Possible Inside Day | 1 day ago |
Up 1% | 3 days ago |
Up 1 ATR | 3 days ago |
Rose Above 20 DMA | 3 days ago |
Free Daily (Stock) Chart Reading
Pacer Metaurus Nasdaq 100 Dividend Multiplier 600 ETF Description
QSIX is a passively managed fund that aims to deliver six times the dividend yield of the Nasdaq-100 Index without using leverage. The strategy separates the Nasdaq-100's two return components: dividend and price return. For the dividend component, the index holds equally weighted long positions in the three most current annual futures contracts providing exposure to ordinary dividends paid on Nasdaq-100 stocks. The portfolio allocation between the dividend futures component and the Nasdaq-100 stocks component is determined to meet the fund's objective of providing a 600% dividend yield over the next three years. In exchange for the enhanced yield, the fund gets modestly lower exposure to the price performance of the Nasdaq-100. The index is reconstituted and rebalanced annually each December. To collateralize the long positions in dividend futures, the fund may hold US Treasurys with maturity dates similar to the expiration of the futures.
Classification
Keywords: Dividend Nasdaq 100 Dividend Yield Futures Markets Nasdaq 100 Index Dividend Future High Yield Stock Stock Market Index Future
Indicator | Bull Case | Neutral / Hold | Bear Case |
---|---|---|---|
50 DMA | |||
200 DMA | |||
ADX Trend | |||
Oversold / Overbought | |||
Relative Strength |
Indicator | Value |
---|---|
52 Week High | 33.7786 |
52 Week Low | 31.53 |
Average Volume | 3,266 |
200-Day Moving Average | 0.00 |
50-Day Moving Average | 0.00 |
20-Day Moving Average | 32.94 |
10-Day Moving Average | 33.36 |
Average True Range | 0.28 |
RSI (14) | 52.38 |
ADX | 14.01 |
+DI | 39.77 |
-DI | 38.37 |
Chandelier Exit (Long, 3 ATRs) | 32.92 |
Chandelier Exit (Short, 3 ATRs) | 32.85 |
Upper Bollinger Bands | 34.06 |
Lower Bollinger Band | 31.81 |
Percent B (%b) | 0.56 |
BandWidth | 6.83 |
MACD Line | 0.22 |
MACD Signal Line | 0.27 |
MACD Histogram | -0.0443 |
Pivot Point Level | Traditional / Classic | Fibonacci | Demark | Woodie | Camarilla |
---|---|---|---|---|---|
Resistance 4 (R4) | 33.30 | ||||
Resistance 3 (R3) | 33.28 | 33.18 | 33.26 | ||
Resistance 2 (R2) | 33.18 | 33.12 | 33.19 | 33.25 | |
Resistance 1 (R1) | 33.12 | 33.08 | 33.15 | 33.15 | 33.24 |
Pivot Point | 33.02 | 33.02 | 33.03 | 33.03 | 33.02 |
Support 1 (S1) | 32.97 | 32.96 | 33.00 | 33.00 | 32.91 |
Support 2 (S2) | 32.87 | 32.93 | 32.88 | 32.89 | |
Support 3 (S3) | 32.82 | 32.87 | 32.88 | ||
Support 4 (S4) | 32.84 |