Invesco NASDAQ 100 ETF (QQQM, $177.35) Aroon Indicator entered a Downtrend on April 26, 2024.

A.I.dvisor
at Tickeron.com
04/27/24
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QQQM - Invesco NASDAQ 100 ETF
Aroon signal
Bearish Trend
Odds of DOWN Trend
Aroon signal
Price: $177.35
Daily change: +$2.7 (+1.55%)
Daily volume: 1M
Net Assets: $23B
For the last three days, A.I.dvisor has detected that QQQM's AroonDown red line is above 70 while the AroonUp green line is below 30 for three straight days. This move could indicate a strong downtrend ahead for QQQM, and traders may view it as a Sell signal for the next month. Traders may consider selling the stock or exploring put options. A.I.dvisor backtested this indicator and found 100 similar cases, of which were successful. Based on this data, the odds of success are
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QQQMDaily Signal changed days agoGain/Loss if shorted
 
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Category LargeGrowth

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PowerShares Exchange-Traded Fund Tr II301 West Roosevelt RoadWheaton
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www.invescopowershares.com