QQQX in upward trend: price expected to rise as it breaks its lower Bollinger Band on February 27, 2025
QQQX may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options. In of 42 cases where QQQX's price broke its lower Bollinger Band, its price rose further in the following month. The odds of a continued upward trend are .
Technical Analysis (Indicators)
Bullish Trend Analysis
The RSI Indicator shows that the ticker has stayed in the oversold zone for 3 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 Uptrend is expected.
The Stochastic Oscillator shows that the ticker has stayed in the oversold zone for 4 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.
Bearish Trend Analysis
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 QQQX as a result. In of 78 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 QQQX turned negative on January 29, 2025. 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 47 similar instances when the indicator turned negative. In of the 47 cases the stock turned lower in the days that followed. This puts the odds of success at .
QQQX moved below its 50-day moving average on February 21, 2025 date and that indicates a change from an upward trend to a downward trend.
The 10-day moving average for QQQX crossed bearishly below the 50-day moving average on February 25, 2025. This indicates that the trend has shifted lower and could be considered a sell signal. In of 12 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following month. The odds of a continued downward trend are .
The Aroon Indicator for QQQX entered a downward trend on February 28, 2025. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.
General Information
Category Unknown
| 1 Day | |||
|---|---|---|---|
| MFs / NAME | Price $ | Chg $ | Chg % |
| APSGX | 16.82 | 0.26 | +1.57% |
| NYLI Fiera SMID Growth Class I | |||
| DPRIX | 68.41 | 1.00 | +1.48% |
| BNY Mellon Worldwide Growth Y | |||
| AMRMX | 58.11 | 0.71 | +1.24% |
| American Funds American Mutual A | |||
| DIECX | 39.91 | 0.12 | +0.30% |
| BNY Mellon International Core Equity C | |||
| SEEIX | 12.12 | 0.03 | +0.25% |
| SEI International Equity I (SIT) | |||
QQQX and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, QQQX has been closely correlated with JEPQ. These tickers have moved in lockstep 87% of the time. This A.I.-generated data suggests there is a high statistical probability that if QQQX jumps, then JEPQ could also see price increases.
| Ticker / NAME | Correlation To QQQX | 1D Price Change % | ||
|---|---|---|---|---|
| QQQX | 100% | +0.70% | ||
| JEPQ - QQQX | 87% Closely correlated | +1.54% | ||
| ETY - QQQX | 80% Closely correlated | +0.53% | ||
| QYLD - QQQX | 78% Closely correlated | +1.59% | ||
| BDJ - QQQX | 75% Closely correlated | +1.36% | ||
| EXG - QQQX | 71% Closely correlated | +0.84% | ||
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