QQMG Stock Invesco ESG NASDAQ 100 ETF (QQMG, $35.18) RSI Indicator left the overbought zone on November 08, 2024

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QQMG - Invesco ESG NASDAQ 100 ETF

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Odds of DOWN Trend

Price: $35.18

Daily change: -$0.07 (-0.2%)

Daily volume: 13.1K

Net Assets: $63.4M

QQMG saw its Stochastic Oscillator recovers from the overbought zone

The Stochastic Oscillator for QQMG moved out of overbought territory on November 15, 2024. This could be a bearish sign for the stock and investors may want to consider selling or taking a defensive position. A.I.dvisor looked at 40 similar instances where the indicator exited the overbought zone. In of the 40 cases the stock moved lower. This puts the odds of a downward move at .

Technical Analysis (Indicators)

Bearish Trend Analysis

The 10-day RSI Indicator for QQMG moved out of overbought territory on November 08, 2024. This could be a bearish sign for the stock. Traders may want to consider selling the stock or buying put options. Tickeron's A.I.dvisor looked at 21 similar instances where the indicator moved out of overbought territory. In of the 21 cases, the stock moved lower in the following days. This puts the odds of a move lower at .

The Moving Average Convergence Divergence Histogram (MACD) for QQMG turned negative on November 15, 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 29 similar instances when the indicator turned negative. In of the 29 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 QQMG declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

QQMG 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 Momentum Indicator moved above the 0 level on November 06, 2024. You may want to consider a long position or call options on QQMG as a result. In of 50 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where QQMG advanced for three days, in of 215 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 186 cases where QQMG Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .