QQEW Technical Analysis & ETF Price Forecast

Technical Sentiment

Overall Consensus

Sell

Buy

Technical Analysis Consensus

Sell

Buy

Moving Average Consensus

Sell

Buy

First Trust Nasdaq-100 Select Equal Weight ETF (QQEW) Moving Averages Convergence Divergence (MACD) indicator is -2.68, suggesting QQEW is Strong sell.

First Trust Nasdaq-100 Select Equal Weight ETF (QQEW) 20-Day simple moving average is 137.94, while First Trust Nasdaq-100 Select Equal Weight ETF (QQEW) share price is $132.4332, making it Sell.

First Trust Nasdaq-100 Select Equal Weight ETF (QQEW) 60-Day simple moving average is 140.89, while First Trust Nasdaq-100 Select Equal Weight ETF (QQEW) share price is $132.4332, making it Sell.

Technical Analysis for QQEW

Technical Sentiment Analysis for First Trust Nasdaq-100 Select Equal Weight ETF (QQEW). As of 2026-02-13, First Trust Nasdaq-100 Select Equal Weight ETF (QQEW) is exhibiting a Strong sell technical sentiment. Our proprietary analysis, which aggregates 11 technical signals, shows that 2 indicators are flashing buy, while 9 are indicating sell.

Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for QQEW stands at 36.19, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -2.68, providing a Sell signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 12.56 and the Commodity Channel Index (CCI) at -95.91 further confirm a -6.65 outlook for the ETF.

Support, Resistance & Moving Averages. From a structural perspective, QQEW is trading above its 60-day moving average of $140.89 and above its 200-day long-term moving average of $137.88. Key price levels to watch include the immediate resistance at $139.4 and strong support at $129.71. A break above $139.4 could signal a bull continuation, while falling below $129.71 may test the next Fibonacci floor at $125.36.

First Trust Nasdaq-100 Select Equal Weight ETF (QQEW) Support & Resistance Level

Name	S3	S2	S1	Pivot Points	R1	R2	R3
Classic	120.02	125.36	129.71	135.04	139.4	144.73	149.08
Fibonacci	125.36	129.06	131.34	135.04	138.74	141.03	144.73

First Trust Nasdaq-100 Select Equal Weight ETF (QQEW) Technical Indicators

2026-02-13

Name	Value
Relative Strength Index (RSI)	36.19
Stochastic Oscillator	12.56
Stochastic RSI	18.54
Commodity Channel Index (CCI)	-95.91
Awesome Oscillator	-6.58
Momentum	-6.65
MACD	-2.68

First Trust Nasdaq-100 Select Equal Weight ETF (QQEW) Relative Strength Index (RSI) is 36.19, creating a Neutral signal.

First Trust Nasdaq-100 Select Equal Weight ETF (QQEW) Stochastic Oscillator is 12.56, creating a Buy signal.

First Trust Nasdaq-100 Select Equal Weight ETF (QQEW) Stochastic RSI is 18.54, creating a Buy signal.

First Trust Nasdaq-100 Select Equal Weight ETF (QQEW) Commodity Channel Index (CCI) is -95.91, creating a Neutral signal.

First Trust Nasdaq-100 Select Equal Weight ETF (QQEW) Awesome Oscillator is -6.58, creating a Sell signal.

First Trust Nasdaq-100 Select Equal Weight ETF (QQEW) Momentum is -6.65, creating a Sell signal.

First Trust Nasdaq-100 Select Equal Weight ETF (QQEW) MACD is -2.68, creating a Sell signal.

First Trust Nasdaq-100 Select Equal Weight ETF (QQEW) Moving Average

2026-02-13

Period	Simple	Signal
5-Day	133.33	Sell
10-Day	134.06	Sell
20-Day	137.94	Sell
60-Day	140.89	Sell
200-Day	137.88	Sell
250-Day	134.76	Sell

First Trust Nasdaq-100 Select Equal Weight ETF (QQEW) 5-Day simple moving average is 133.33, while First Trust Nasdaq-100 Select Equal Weight ETF (QQEW) share price is $132.4332, making it Sell.

First Trust Nasdaq-100 Select Equal Weight ETF (QQEW) 10-Day simple moving average is 134.06, while First Trust Nasdaq-100 Select Equal Weight ETF (QQEW) share price is $132.4332, making it Sell.

First Trust Nasdaq-100 Select Equal Weight ETF (QQEW) 20-Day simple moving average is 137.94, while First Trust Nasdaq-100 Select Equal Weight ETF (QQEW) share price is $132.4332, making it Sell.

First Trust Nasdaq-100 Select Equal Weight ETF (QQEW) 60-Day simple moving average is 140.89, while First Trust Nasdaq-100 Select Equal Weight ETF (QQEW) share price is $132.4332, making it Sell.

First Trust Nasdaq-100 Select Equal Weight ETF (QQEW) 200-Day simple moving average is 137.88, while First Trust Nasdaq-100 Select Equal Weight ETF (QQEW) share price is $132.4332, making it Sell.

First Trust Nasdaq-100 Select Equal Weight ETF (QQEW) 250-Day simple moving average is 134.76, while First Trust Nasdaq-100 Select Equal Weight ETF (QQEW) share price is $132.4332, making it Sell.