INVESCO QQQ TRUST SERIES 1
QQQ
- USD (-)
- 15 min delayed data - NASDAQ Stocks
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: ETF
Ticker: QQQ
ISIN:

INVESCO QQQ TRUST SERIES 1 - Daily - Technical analysis published on 03/20/2021 (GMT)

  • 180
  • 0
  • Timeframe : Daily
  • - Analysis generated on
  • Status : NEUTRAL

Summary of the analysis

Trends
Court terme: Bearish
De fond: Slightly bullish
Technical indicators
44%
11%
44%
My opinion
Neutral between 302.76 USD and 328.59 USD
My targets
-
My analysis
The basic trend is slightly bullish and the short term is tentatively bearish. With such a pattern, the price could just as easily move towards the first support as the first resistance. The first support is located at 302.76 USD. The first resistance is located at 328.59 USD. With no basic trend, it will be important to monitor the reaction of the price to the levels cited. A bearish break in the support could quickly reverse the basic trend. A bullish break in resistance would be welcome to boost the slightly bullish basic trend. On the other hand, if the price is blocked by support or resistance, it could be attractive to trade against the trend on the last short-term movement registered by INVESCO QQQ TRUST SERIES 1.

In the very short term, technical indicators are bullish and could soon allow change to a bullish sentiment.

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by Currenciesboost. Take part yourself by sharing additional analysis on another time unit:
15 min. 1H Weekly

Additional analysis

Quotes

The INVESCO QQQ TRUST SERIES 1 rating is 313.14 USD. The price has increased by +0.35% since the last closing and was traded between 309.66 USD and 314.73 USD over the period. The price is currently at +1.12% from its lowest and -0.51% from its highest.

309.66
314.73
313.14

A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.

Central Gaps

Bearish opening

Type : Bearish

Timeframe : Openning



So that you have an overall view of the price change, here is a table showing the variations over several periods:
The Central Records scanner for higher/lower results shows the following items:

Central Records

Near a new HIGH record (5 years)

Type : Bullish

Timeframe : Weekly


Near a new LOW record (1st january)

Type : Bearish

Timeframe : Weekly


Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly



Technical


A technical analysis in Daily of this INVESCO QQQ TRUST SERIES 1 chart shows a slightly bullish trend. 50.00% of the signals given by moving averages are bullish. Caution: the slightly bearish signals currently given by short-term moving averages indicate that the overall trend could be reversed. An assessment of moving averages reveals several bearish and bullish signals:

Central Indicators

Bearish trend reversal : adaptative moving average 20

Type : Bearish

Timeframe : Daily


Bearish trend reversal : adaptative moving average 50

Type : Bearish

Timeframe : Daily


Bullish price crossover with adaptative moving average 100

Type : Bullish

Timeframe : Daily



In fact, according to the parameters integrated into the Central Analyzer system, only 8 technical indicators out of 18 analysed are currently bullish. Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Central Indicators

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly


Pivot points : price is over resistance 2

Type : Neutral

Timeframe : Daily


Pivot points : price is under support 3

Type : Neutral

Timeframe : Daily


Price is back under the pivot point

Type : Bearish

Timeframe : Weekly


Momentum indicator is back over 0

Type : Bullish

Timeframe : Daily



The analysis of the price chart with Central Patterns scanners does not return any result.

No result was found by the Central Candlesticks scanner on Japanese candlesticks.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 269.38 284.27 302.76 313.14 314.29 328.59 336.45
Change (%) -13.97% -9.22% -3.31% - +0.37% +4.93% +7.44%
Change -43.76 -28.87 -10.38 - +1.15 +15.45 +23.31
Level Intermediate Minor Major - Minor Intermediate Major



Attention could also be paid to pivot points to set price objectives:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard305.22307.44310.29312.51315.36317.58320.43
Camarilla311.75312.21312.68313.14313.61314.07314.53
Woodie305.54307.60310.61312.67315.68317.74320.75
Fibonacci307.44309.38310.57312.51314.45315.64317.58


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard292.59301.13307.13315.67321.67330.21336.21
Camarilla309.14310.47311.81313.14314.47315.81317.14
Woodie291.33300.50305.87315.04320.41329.58334.95
Fibonacci301.13306.68310.11315.67321.22324.65330.21


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard276.64293.76303.95321.07331.26348.38358.57
Camarilla306.63309.13311.64314.14316.64319.15321.65
Woodie273.18292.03300.49319.34327.80346.65355.11
Fibonacci293.76304.19310.64321.07331.50337.95348.38

Numerical data


The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:

Technical indicators
Moving averages

RSI (14): 46.21
MACD (12,26,9): -1.7800
Directional Movement: -10.72
AROON (14): -21.43
DEMA (21): 314.32
Parabolic SAR (0,02-0,02-0,2): 301.70
Elder Ray (13): -3.54
Super Trend (3,10): 328.17
Zig ZAG (10): 313.14
VORTEX (21): 0.7900
Stochastique (14,3,5): 67.87
TEMA (21): 312.60
Williams %R (14): -41.63
Chande Momentum Oscillator (20): 3.98
Repulse (5,40,3): 0.2100
ROCnROLL: 2
TRIX (15,9): -0.1200
Courbe Coppock: 1.41
MA7: 317.14
MA20: 315.08
MA50: 321.04
MA100: 309.30
MAexp7: 315.39
MAexp20: 316.75
MAexp50: 316.75
MAexp100: 308.32
Price / MA7: -1.26%
Price / MA20: -0.62%
Price / MA50: -2.46%
Price / MA100: +1.24%
Price / MAexp7: -0.71%
Price / MAexp20: -1.14%
Price / MAexp50: -1.14%
Price / MAexp100: +1.56%

Quotes : 2021-03-19 19:59:59 - 15 min delayed data - NASDAQ Stocks

This member declared not having a position on this financial instrument or a related financial instrument.

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