QTEC First Trust NASDAQ-100-Tech Sector 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 Technology Sector TM Index... Show more
QTEC in upward trend: price expected to rise as it breaks its lower Bollinger Band on August 01, 2025
QTEC 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 43 cases where QTEC'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 Momentum Indicator moved above the 0 level on August 14, 2025. You may want to consider a long position or call options on QTEC as a result. In of 88 past instances where the momentum indicator moved above 0, the stock continued to climb. 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 QTEC advanced for three days, in of 345 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 308 cases where QTEC 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 QTEC moved out of overbought territory on July 31, 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 40 similar instances where the indicator moved out of overbought territory. In of the 40 cases, the stock moved lower in the following days. This puts the odds of a move lower at .
The Stochastic Oscillator may be shifting from an upward trend to a downward trend. In of 63 cases where QTEC's Stochastic Oscillator exited the overbought zone, the price fell further within 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 QTEC declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
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General Information
Category Technology
QTEC and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, QTEC has been closely correlated with FTEC. These tickers have moved in lockstep 96% of the time. This A.I.-generated data suggests there is a high statistical probability that if QTEC jumps, then FTEC could also see price increases.
| Ticker / NAME | Correlation To QTEC | 1D Price Change % | ||
|---|---|---|---|---|
| QTEC | 100% | +0.34% | ||
| FTEC - QTEC | 96% Closely correlated | +0.34% | ||
| VGT - QTEC | 96% Closely correlated | +0.29% | ||
| XLK - QTEC | 96% Closely correlated | +0.21% | ||
| SMH - QTEC | 93% Closely correlated | +0.41% | ||
| SOXX - QTEC | 92% Closely correlated | +0.29% | ||
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