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3 ‘Strong Buy’ Technology ETFs with More than 30% Upside Potential
TipRanks (Wed, 18-Feb 7:21 AM ET)
The First Trust NASDAQ-100-Technology Sector Index Fund is an exchange-traded index fund. The investment objective of the fund is to replicate as closely as possible before fees and expenses the price and yield of the NASDAQ-100 Technology Sector Index.
First Trust Nasdaq-100-Technology Sector trades on the NASDAQ stock market under the symbol QTEC.
As of February 18, 2026, QTEC stock price climbed to $227.31 with 164,743 million shares trading.
QTEC has a beta of 1.49, meaning it tends to be more sensitive to market movements. QTEC has a correlation of 0.85 to the broad based SPY ETF.
QTEC has a market cap of $2.92 billion. This is considered a Mid Cap stock.
In the last 3 years, QTEC traded as high as $247.98 and as low as $115.94.
QTEC has underperformed the market in the last year with a price return of +9.4% while the SPY ETF gained +13.4%. QTEC has also underperformed the stock market ETF in the last 3 month and 2 week periods returning +1.3% and -1.4%, respectively, while the SPY returned +3.1% and -0.8%, respectively.
QTEC support price is $220.78 and resistance is $229.56 (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 QTEC shares will trade within this expected range on the day.