QQXT First Trust NASDAQ-100 ex-Tech Sect ETF Forecast, Technical & Fundamental Analysis
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 Ex-Tech Sector TM Index... Show more
QQXT's RSI Indicator entering oversold zone
The RSI Indicator for QQXT moved into overbought territory on April 04, 2025. Be on the watch for a price drop or consolidation in the future -- when this happens, think about selling the stock or exploring put options.
Technical Analysis (Indicators)
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 QQXT advanced for three days, in of 344 cases, the price rose further within the following month. The odds of a continued upward trend are .
QQXT may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
Bearish Trend Analysis
The Momentum Indicator moved below the 0 level on April 03, 2025. You may want to consider selling the stock, shorting the stock, or exploring put options on QQXT as a result. In of 84 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 QQXT turned negative on April 03, 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 53 similar instances when the indicator turned negative. In of the 53 cases the stock turned lower in the days that followed. This puts the odds of success at .
QQXT moved below its 50-day moving average on March 10, 2025 date and that indicates a change from an upward trend to a downward trend.
The 10-day moving average for QQXT crossed bearishly below the 50-day moving average on March 12, 2025. This indicates that the trend has shifted lower and could be considered a sell signal. In of 15 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 .
Following a 3-day decline, the stock is projected to fall further. Considering past instances where QQXT declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
The Aroon Indicator for QQXT entered a downward trend on March 24, 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 LargeBlend
| 1 Day | |||
|---|---|---|---|
| MFs / NAME | Price $ | Chg $ | Chg % |
| RYROX | 36.64 | -1.68 | -4.38% |
| Rydex Russell 2000 C | |||
| GTMUX | 19.29 | -1.01 | -4.98% |
| Goldman Sachs Small/Mid Cap Growth R6 | |||
| PNECX | 9.62 | -0.61 | -5.96% |
| Virtus NFJ Dividend Value C | |||
| OIGAX | 29.67 | -1.90 | -6.02% |
| Invesco Oppenheimer International Gr A | |||
| PUFCX | 16.70 | -1.29 | -7.17% |
| PGIM Jennison Financial Services C | |||
QQXT and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, QQXT has been closely correlated with SPYG. These tickers have moved in lockstep 92% of the time. This A.I.-generated data suggests there is a high statistical probability that if QQXT jumps, then SPYG could also see price increases.
| Ticker / NAME | Correlation To QQXT | 1D Price Change % | ||
|---|---|---|---|---|
| QQXT | 100% | -5.43% | ||
| SPYG - QQXT | 92% Closely correlated | -6.14% | ||
| VIG - QQXT | 91% Closely correlated | -5.69% | ||
| VTI - QQXT | 87% Closely correlated | -5.87% | ||
| IVV - QQXT | 86% Closely correlated | -6.01% | ||
| SPY - QQXT | 86% Closely correlated | -5.85% | ||
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