QQEW First Trust NASDAQ-100 Equal Wtd 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 Nasdaq-100 Select Equal WeightTM Index... Show more
QQEW sees its 50-day moving average cross bullishly above its 200-day moving average
The 50-day moving average for QQEW moved above the 200-day moving average on June 24, 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 24, 2025. You may want to consider a long position or call options on QQEW as a result. In of 73 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 QQEW just turned positive on June 30, 2025. Looking at past instances where QQEW's MACD turned positive, the stock continued to rise in of 48 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 QQEW advanced for three days, in of 341 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 361 cases where QQEW 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 6 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 QQEW declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
QQEW 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.
Advertisement
General Information
Category LargeGrowth
| 1 Day | |||
|---|---|---|---|
| ETFs / NAME | Price $ | Chg $ | Chg % |
| FLRG | 36.19 | 0.32 | +0.90% |
| Fidelity U.S. Multifactor ETF | |||
| BAB | 26.48 | 0.03 | +0.11% |
| Invesco Taxable Municipal Bond ETF | |||
| CADUSD | 0.74 | 0.00 | +0.09% |
| Canadian Dollar - United States Dollar | |||
| CNYUSD | 0.14 | N/A | N/A |
| China Yuan - United States Dollar | |||
| XISE | 30.29 | N/A | N/A |
| FT Vest US Eq Buf & Prm IncETF-Sept | |||
QQEW and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, QQEW has been closely correlated with QQQE. These tickers have moved in lockstep 99% of the time. This A.I.-generated data suggests there is a high statistical probability that if QQEW jumps, then QQQE could also see price increases.
| Ticker / NAME | Correlation To QQEW | 1D Price Change % | ||
|---|---|---|---|---|
| QQEW | 100% | +1.14% | ||
| QQQE - QQEW | 99% Closely correlated | +0.75% | ||
| QQQ - QQEW | 95% Closely correlated | +0.98% | ||
| QQQM - QQEW | 95% Closely correlated | +0.97% | ||
| VUG - QQEW | 94% Closely correlated | +1.08% | ||
| VEGN - QQEW | 93% Closely correlated | +1.04% | ||
More | ||||