Technical Analysis for QTEC - First Trust NASDAQ-100- Technology Index Fund

Grade Last Price % Change Price Change
B 191.45 0.24% 0.45
QTEC closed up 0.49 percent on Wednesday, March 27, 2024, on 1.33 times normal volume. The price action carved out a bullish hammer (or hammer-like) candlestick pattern. That may indicate an upside reversal. Look for price to trade above the high of the hammer for confirmation.
1 Watcher
Watchlist Portfolio

Trend Table & Recent EOD Trading Signals

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

Date Alert Name Type % Chg
Crossed Above 20 DMA Bullish 0.24%
Hammer Candlestick Bullish 0.24%
180 Bullish Setup Bullish Swing Setup 0.24%
Pocket Pivot Bullish Swing Setup 0.24%
Bollinger Band Squeeze Range Contraction 0.24%
Multiple of Ten Bullish Other 0.24%
Gapped Up Strength 0.24%
20 DMA Resistance Bearish 0.73%
Bollinger Band Squeeze Range Contraction 0.73%
NR7 Range Contraction 0.73%

   Recent Intraday Alerts

Alert Time
Bullish 180 Entry about 2 hours ago
Hammer Candlestick Entry about 2 hours ago
Rose Above Previous Day's High about 2 hours ago
20 DMA Support about 2 hours ago
Fell Below 20 DMA about 3 hours ago

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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 Technology Sector 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 index is an equal-weighted index based on the securities of the NASDAQ-100 Index(R) that are classified as "technology" according to the Industry Classification Benchmark classification system. The fund is non-diversified.
Classification

Keywords: Exchange Traded Fund ETF Stock Market Index Active Management Industry Classification Nasdaq 100 Index

Top 10 Components

Symbol Grade Price % Change Allocation
MU B -1.01 2.85
SNPS C 0.17 2.65
AVGO C 0.27 2.64
CDNS C 0.03 2.62
LRCX B 0.46 2.61
AMAT B -1.47 2.57
ANSS C -0.26 2.57
ASML C -0.93 2.55
DASH B 0.22 2.54
META C -1.62 2.54

Is QTEC 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 196.2913
52 Week Low 118.7577
Average Volume 121,211
200-Day Moving Average 161.43
50-Day Moving Average 187.13
20-Day Moving Average 190.63
10-Day Moving Average 189.32
Average True Range 3.17
RSI (14) 54.13
ADX 9.49
+DI 31.23
-DI 31.14
Chandelier Exit (Long, 3 ATRs) 186.78
Chandelier Exit (Short, 3 ATRs) 193.80
Upper Bollinger Bands 195.40
Lower Bollinger Band 185.86
Percent B (%b) 0.54
BandWidth 5.00
MACD Line 0.96
MACD Signal Line 1.20
MACD Histogram -0.2371
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 194.74
Resistance 3 (R3) 194.49 192.99 194.11
Resistance 2 (R2) 192.99 192.04 193.12 193.90
Resistance 1 (R1) 192.00 191.45 191.25 192.25 193.70
Pivot Point 190.50 190.50 190.13 190.63 190.50
Support 1 (S1) 189.51 189.55 188.76 189.76 188.30
Support 2 (S2) 188.01 188.96 188.14 188.10
Support 3 (S3) 187.02 188.01 187.89
Support 4 (S4) 187.27