QQXT Stock Summary and Trading Ideas (First Trust Nasdaq-100 Ex-Technology Sector | NASDAQ:QQXT)

The First Trust NASDAQ-100 Ex-Technology Sector Index Fund is an exchange-traded index fund. The objective of the Fund is to seek investment results that correspond generally to the price and yield (before the Funds fees and expenses) of an equity index called the NASDAQ-100 Ex-Tech Sector Index.

First Trust Nasdaq-100 Ex-Technology Sector trades on the NASDAQ stock market under the symbol QQXT.

As of April 26, 2024, QQXT stock price declined to $86.92 with 1,306 million shares trading.

QQXT has a market cap of $134.72 million. This is considered a Micro Cap stock.

In the last 3 years, QQXT stock traded as high as $91.19 and as low as $67.74.

QQXT has underperformed the market in the last year with a price return of +7.9% while the SPY ETF gained +26.8%. QQXT has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -1.1% and -2.0%, respectively, while the SPY returned +4.5% and -1.9%, respectively.

QQXT support price is $86.17 and resistance is $87.75 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that QQXT stock will trade within this expected range on the day.