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QQEW
ETF ticker: NASDAQ
AS OF
Dec 18, 10:30 AM (EDT)
Price
$130.75
Change
-$0.27 (-0.21%)
Net Assets
1.97B

QQEW stock forecast, quote, news & analysis

Category: @Large Growth
QQEW
Daily Signalchanged days ago
Gain/Loss if bought
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A.I.Advisor
published price charts
A.I.Advisor
a Summary for QQEW with price predictions
Dec 17, 2024

QQEW's RSI Oscillator leaves overbought zone

The 10-day RSI Oscillator for QQEW moved out of overbought territory on December 05, 2024. This could be a sign that the stock is shifting from an upward trend to a downward trend. Traders may want to look at selling the stock or buying put options. Tickeron's A.I.dvisor looked at 44 instances where the indicator moved out of the overbought zone. In of the 44 cases the stock moved lower in the days that followed. This puts the odds of a move down at .

Price Prediction Chart

Technical Analysis (Indicators)

Bearish Trend Analysis

The Momentum Indicator moved below the 0 level on December 13, 2024. You may want to consider selling the stock, shorting the stock, or exploring put options on QQEW as a result. In of 73 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 QQEW turned negative on December 10, 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 50 similar instances when the indicator turned negative. In of the 50 cases the stock turned lower in the days that followed. This puts the odds of success at .

Following a 3-day decline, the stock is projected to fall further. Considering past instances where QQEW declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

Bullish Trend Analysis

The Stochastic Oscillator is in the oversold zone. Keep an eye out for a move up in the foreseeable future.

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where QQEW advanced for three days, in of 346 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 396 cases where QQEW Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .

A.I.Advisor
published Highlights

Notable companies

The most notable companies in this group are NVIDIA Corp (NASDAQ:NVDA), Microsoft Corp (NASDAQ:MSFT), Apple (NASDAQ:AAPL), Amazon.com (NASDAQ:AMZN), Alphabet (NASDAQ:GOOG), Alphabet (NASDAQ:GOOGL), Meta Platforms (NASDAQ:META), Broadcom Inc. (NASDAQ:AVGO), Tesla (NASDAQ:TSLA), Costco Wholesale Corp (NASDAQ:COST).

Industry description

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 Equal Weighted TM Index. The fund will normally invest at least 90% of its net assets (including investment borrowings) in the securities that comprise the index. The index is the equal-weighted version of the NASDAQ-100 Index® which includes 100 of the largest U.S. and international non-financial companies listed on Nasdaq based on market capitalization.

Market Cap

The average market capitalization across the First Trust NASDAQ-100 Equal Wtd ETF ETF is 261.2B. The market cap for tickers in the group ranges from 14.68B to 3.19T. NVDA holds the highest valuation in this group at 3.19T. The lowest valued company is SIRI at 14.68B.

High and low price notable news

The average weekly price growth across all stocks in the First Trust NASDAQ-100 Equal Wtd ETF ETF was 30%. For the same ETF, the average monthly price growth was 43%, and the average quarterly price growth was 157%. AVGO experienced the highest price growth at 40%, while ADBE experienced the biggest fall at -17%.

Volume

The average weekly volume growth across all stocks in the First Trust NASDAQ-100 Equal Wtd ETF ETF was 10%. For the same stocks of the ETF, the average monthly volume growth was -2% and the average quarterly volume growth was -14%

Fundamental Analysis Ratings

The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows

Valuation Rating: 65
P/E Growth Rating: 56
Price Growth Rating: 43
SMR Rating: 48
Profit Risk Rating: 40
Seasonality Score: 4 (-100 ... +100)
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QQEW
Daily Signalchanged days ago
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A.I. Advisor
published General Information

General Information

Category LargeGrowth

Profile
Fundamentals
Details
Category
Large Growth
Address
First Trust Exchange-Traded Fund1001 Warrenville Road, Suite 300Lisle
Phone
630-241-4141
Web
www.ftportfolios.com