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 sees its 50-day moving average cross bullishly above its 200-day moving average
The 50-day moving average for QTEC moved above the 200-day moving average on June 26, 2025. This could be a long-term bullish signal for the stock as the stock shifts to an upward trend.
Technical Analysis (Indicators)
Bullish Trend Analysis
The Momentum Indicator moved above the 0 level on June 03, 2025. You may want to consider a long position or call options on QTEC as a result. In of 90 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .
The Moving Average Convergence Divergence (MACD) for QTEC just turned positive on June 26, 2025. Looking at past instances where QTEC's MACD turned positive, the stock continued to rise in of 47 cases 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 QTEC advanced for three days, in of 344 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 304 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 RSI Indicator has been in the overbought zone for 1 day. Expect a price pull-back in the near future.
The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 9 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 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 .
QTEC broke above its upper Bollinger Band on June 24, 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.
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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 IYW. These tickers have moved in lockstep 94% of the time. This A.I.-generated data suggests there is a high statistical probability that if QTEC jumps, then IYW could also see price increases.
| Ticker / NAME | Correlation To QTEC | 1D Price Change % | ||
|---|---|---|---|---|
| QTEC | 100% | +0.16% | ||
| IYW - QTEC | 94% Closely correlated | +0.82% | ||
| SOXX - QTEC | 92% Closely correlated | +0.32% | ||
| CHAT - QTEC | 92% Closely correlated | +0.79% | ||
| FTEC - QTEC | 91% Closely correlated | +0.87% | ||
| VGT - QTEC | 91% Closely correlated | +0.84% | ||
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