QQQI in upward trend: price rose above 50-day moving average on January 15, 2025
QQQI moved above its 50-day moving average on January 15, 2025 date and that indicates a change from a downward trend to an upward trend. In of 3 similar past instances, the stock price increased further within the following month. The odds of a continued upward trend are .
Technical Analysis (Indicators)
Bullish Trend Analysis
The Moving Average Convergence Divergence (MACD) for QQQI just turned positive on February 05, 2025. Looking at past instances where QQQI's MACD turned positive, the stock continued to rise in of 9 cases over the following month. 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 QQQI advanced for three days, in of 81 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 79 cases where QQQI Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
Bearish Trend Analysis
The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 10 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.
The Momentum Indicator moved below the 0 level on February 21, 2025. You may want to consider selling the stock, shorting the stock, or exploring put options on QQQI as a result. In of 19 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .
Following a 3-day decline, the stock is projected to fall further. Considering past instances where QQQI declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
QQQI broke above its upper Bollinger Band on February 14, 2025. 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.
General Information
Category Trading
QQQI and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, QQQI has been closely correlated with JEPQ. These tickers have moved in lockstep 98% of the time. This A.I.-generated data suggests there is a high statistical probability that if QQQI jumps, then JEPQ could also see price increases.
| Ticker / NAME | Correlation To QQQI | 1D Price Change % | ||
|---|---|---|---|---|
| QQQI | 100% | -1.51% | ||
| JEPQ - QQQI | 98% Closely correlated | -1.42% | ||
| QYLD - QQQI | 90% Closely correlated | -1.70% | ||
| JEPI - QQQI | 67% Closely correlated | -0.97% | ||
| DIVO - QQQI | 60% Loosely correlated | -1.40% | ||
| KNG - QQQI | 33% Poorly correlated | -0.11% |