QQXT Stock First Trust NASDAQ-100 ex-Tech Sect ETF (QQXT, $99.08) RSI Indicator left the overbought zone on February 20, 2025

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QQXT - First Trust NASDAQ-100 ex-Tech Sect ETF

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Odds of DOWN Trend

Price: $99.08

Daily change: -$0.25 (-0.25%)

Daily volume: 2.3K

Net Assets: $114.3M

Momentum Indicator for QQXT turns positive, indicating new upward trend

QQXT saw its Momentum Indicator move above the 0 level on January 15, 2025. This is an indication that the stock could be shifting in to a new upward move. Traders may want to consider buying the stock or buying call options. Tickeron's A.I.dvisor looked at 83 similar instances where the indicator turned positive. In of the 83 cases, the stock moved higher in the following days. The odds of a move higher are at .

Technical Analysis (Indicators)

Bullish Trend Analysis

The Moving Average Convergence Divergence (MACD) for QQXT just turned positive on January 15, 2025. Looking at past instances where QQXT's MACD turned positive, the stock continued to rise in of 52 cases over the following month. The odds of a continued upward trend are .

QQXT moved above its 50-day moving average on January 17, 2025 date and that indicates a change from a downward trend to an upward trend.

The 10-day moving average for QQXT crossed bullishly above the 50-day moving average on January 29, 2025. This indicates that the trend has shifted higher and could be considered a buy signal. In of 14 past instances when the 10-day crossed above the 50-day, the stock continued to move higher 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 QQXT advanced for three days, in of 335 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 365 cases where QQXT 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 10-day RSI Indicator for QQXT moved out of overbought territory on February 20, 2025. 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 31 similar instances where the indicator moved out of overbought territory. In of the 31 cases, the stock moved lower in the following days. This puts the odds of a move lower at .

The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 11 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.

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 .

QQXT broke above its upper Bollinger Band on February 18, 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.