INVESCO QQQ TRUST SERIES 1 - 15 min. - Technical analysis published on 01/30/2023 (GMT)
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- Timeframe : 15 min.
- - Analysis generated on
- Status : LEVEL MAINTAINED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Neutral
Technical indicators
28%
56%
17%
My opinion
Bearish under 295.47 USD
My targets
289.09 USD (-0.99%)
286.29 USD (-1.95%)
My analysis
The current short-term bearish trend is expected to quickly fix the basic bearish trend. To avoid contradicting the short term, it would be possible to favour short positions (for sale) for INVESCO QQQ TRUST SERIES 1 as long as the price remains well below 295.47 USD. The sellers' bearish objective is set at 289.09 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 286.29 USD. If there is any crossing, the next objective would be the support located at 279.65 USD.
Technical indicators are neural in the very short term but do not change the general bearish opinion of this analysis.
Force
0
10
2
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This analysis was given by kenneth6411a. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The INVESCO QQQ TRUST SERIES 1 rating is 291.99 USD. On the day, this instrument lost -1.44% and was between 290.46 USD and 294.38 USD. This implies that the price is at +0.53% from its lowest and at -0.81% from its highest.290.46
294.38
291.99
A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.
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:
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of INVESCO QQQ TRUST SERIES 1 in 15 min. shows a neutral overall trend. The strong bearish signals currently being given by short-term moving averages could allow the overall trend to return to a bearish trend. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
On the 18 technical indicators analysed, 5 are bullish, 3 are neutral and 10 are bearish. Other results related to technical indicators were also found by the Central Indicators scanner:
Pivot points : price is under support 1
Type : Neutral
Timeframe : 15 minutes
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
For a small rebound in the very short term, the Central Candlesticks scanner currently notes the presence of this bullish pattern in Japanese candlesticks:
Bullish harami
Type : Bullish
Timeframe : 15 minutes
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 273.87 | 279.65 | 290.21 | 291.99 | 296.82 | 313.02 | 323.62 |
| Change (%) | -6.21% | -4.23% | -0.61% | - | +1.65% | +7.20% | +10.83% |
| Change | -18.12 | -12.34 | -1.78 | - | +4.83 | +21.03 | +31.63 |
| Level | Intermediate | Intermediate | Minor | - | Major | Minor | Minor |
Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 286.29 | 289.09 | 292.67 | 295.47 | 299.05 | 301.85 | 305.43 |
| Camarilla | 294.51 | 295.09 | 295.68 | 296.26 | 296.85 | 297.43 | 298.02 |
| Woodie | 286.69 | 289.29 | 293.07 | 295.67 | 299.45 | 302.05 | 305.83 |
| Fibonacci | 289.09 | 291.52 | 293.03 | 295.47 | 297.90 | 299.41 | 301.85 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 268.46 | 274.82 | 285.54 | 291.90 | 302.62 | 308.98 | 319.70 |
| Camarilla | 291.56 | 293.13 | 294.69 | 296.26 | 297.83 | 299.39 | 300.96 |
| Woodie | 270.64 | 275.91 | 287.72 | 292.99 | 304.80 | 310.07 | 321.88 |
| Fibonacci | 274.82 | 281.35 | 285.38 | 291.90 | 298.43 | 302.46 | 308.98 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 215.51 | 237.62 | 251.95 | 274.06 | 288.39 | 310.50 | 324.83 |
| Camarilla | 256.26 | 259.60 | 262.94 | 266.28 | 269.62 | 272.96 | 276.30 |
| Woodie | 211.62 | 235.68 | 248.06 | 272.12 | 284.50 | 308.56 | 320.94 |
| Fibonacci | 237.62 | 251.54 | 260.14 | 274.06 | 287.98 | 296.58 | 310.50 |
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): | 35.80 | |
| MACD (12,26,9): | -0.8800 | |
| Directional Movement: | -22.61 | |
| AROON (14): | -21.42 | |
| DEMA (21): | 291.91 | |
| Parabolic SAR (0,02-0,02-0,2): | 292.86 | |
| Elder Ray (13): | -1.09 | |
| Super Trend (3,10): | 294.02 | |
| Zig ZAG (10): | 291.12 | |
| VORTEX (21): | 0.8400 | |
| Stochastique (14,3,5): | 19.49 | |
| TEMA (21): | 290.82 | |
| Williams %R (14): | -76.02 | |
| Chande Momentum Oscillator (20): | -2.03 | |
| Repulse (5,40,3): | 0.0700 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0400 | |
| Courbe Coppock: | 2.50 |
| MA7: | 289.82 | |
| MA20: | 278.55 | |
| MA50: | 279.24 | |
| MA100: | 278.51 | |
| MAexp7: | 291.84 | |
| MAexp20: | 293.09 | |
| MAexp50: | 293.14 | |
| MAexp100: | 291.36 | |
| Price / MA7: | +0.75% | |
| Price / MA20: | +4.82% | |
| Price / MA50: | +4.57% | |
| Price / MA100: | +4.84% | |
| Price / MAexp7: | +0.05% | |
| Price / MAexp20: | -0.38% | |
| Price / MAexp50: | -0.39% | |
| Price / MAexp100: | +0.22% |
Quotes :
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15 min delayed data
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This member declared not having a position on this financial instrument or a related financial instrument.
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