CQQQ Stock Invesco China Technology ETF (CQQQ, $39.22) price exceeded its 50-day Moving Average on November 22, 2024

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CQQQ - Invesco China Technology ETF

Moving Avg. signal

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Odds of DOWN Trend

Price: $39.22

Daily change: -$1.42 (-3.49%)

Daily volume: 188.7K

Net Assets: $722.6M

CQQQ in -4.62% downward trend, sliding for three consecutive days on November 22, 2024

Moving lower for three straight days is viewed as a bearish sign. Keep an eye on this stock for future declines. Considering data from situations where CQQQ declined for three days, in of 319 cases, the price declined further within the following month. The odds of a continued downward trend are .

Technical Analysis (Indicators)

Bearish Trend Analysis

The Momentum Indicator moved below the 0 level on November 14, 2024. You may want to consider selling the stock, shorting the stock, or exploring put options on CQQQ as a result. In of 92 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .

The Moving Average Convergence Divergence Histogram (MACD) for CQQQ turned negative on November 12, 2024. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 52 similar instances when the indicator turned negative. In of the 52 cases the stock turned lower in the days that followed. This puts the odds of success at .

CQQQ moved below its 50-day moving average on November 22, 2024 date and that indicates a change from an upward trend to a downward trend.

CQQQ broke above its upper Bollinger Band on November 07, 2024. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.

Bullish Trend Analysis

The Stochastic Oscillator shows that the ticker has stayed in the oversold zone for 6 days. The price of this ticker is presumed to bounce back soon, since the longer the ticker stays in the oversold zone, the more promptly an upward trend is expected.

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where CQQQ advanced for three days, in of 286 cases, the price rose further within the following month. The odds of a continued upward trend are .

The Aroon Indicator entered an Uptrend today. In of 206 cases where CQQQ Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .