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 2.88, suggesting QQEW is Strong buy.

First Trust Nasdaq-100 Select Equal Weight ETF (QQEW) 20-Day simple moving average is 152.23, while First Trust Nasdaq-100 Select Equal Weight ETF (QQEW) share price is $158.325, making it Buy.

First Trust Nasdaq-100 Select Equal Weight ETF (QQEW) 60-Day simple moving average is 140.42, while First Trust Nasdaq-100 Select Equal Weight ETF (QQEW) share price is $158.325, making it Buy.

Technical Analysis for QQEW

Technical Sentiment Analysis for First Trust Nasdaq-100 Select Equal Weight ETF (QQEW). As of 2026-06-12, First Trust Nasdaq-100 Select Equal Weight ETF (QQEW) is exhibiting a Strong buy technical sentiment. Our proprietary analysis, which aggregates 10 technical signals, shows that 9 indicators are flashing buy, while 1 are indicating sell.

Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for QQEW stands at 57.3, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at 2.88, providing a Buy signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 31.9 and the Commodity Channel Index (CCI) at 21.92 further confirm a -2.33 outlook for the ETF.

Support, Resistance & Moving Averages. From a structural perspective, QQEW is trading above its 60-day moving average of $140.42 and above its 200-day long-term moving average of $139.78. Key price levels to watch include the immediate resistance at $162.6 and strong support at $147.36. A break above $162.6 could signal a bull continuation, while falling below $147.36 may test the next Fibonacci floor at $139.53.

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

Name	S3	S2	S1	Pivot Points	R1	R2	R3
Classic	132.12	139.53	147.36	154.78	162.6	170.02	177.85
Fibonacci	139.53	145.36	148.95	154.78	160.6	164.2	170.02

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

2026-06-12

Name	Value
Relative Strength Index (RSI)	57.3
Stochastic Oscillator	31.9
Stochastic RSI	31.81
Commodity Channel Index (CCI)	21.92
Awesome Oscillator	4.56
Momentum	-2.33
MACD	2.88

First Trust Nasdaq-100 Select Equal Weight ETF (QQEW) Relative Strength Index (RSI) is 57.3, creating a Neutral signal.

First Trust Nasdaq-100 Select Equal Weight ETF (QQEW) Stochastic Oscillator is 31.9, creating a Neutral signal.

First Trust Nasdaq-100 Select Equal Weight ETF (QQEW) Stochastic RSI is 31.81, creating a Neutral signal.

First Trust Nasdaq-100 Select Equal Weight ETF (QQEW) Commodity Channel Index (CCI) is 21.92, creating a Neutral signal.

First Trust Nasdaq-100 Select Equal Weight ETF (QQEW) Awesome Oscillator is 4.56, creating a Buy signal.

First Trust Nasdaq-100 Select Equal Weight ETF (QQEW) Momentum is -2.33, creating a Sell signal.

First Trust Nasdaq-100 Select Equal Weight ETF (QQEW) MACD is 2.88, creating a Buy signal.

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

2026-06-12

Period	Simple	Signal
5-Day	151.93	Buy
10-Day	155.19	Buy
20-Day	152.23	Buy
60-Day	140.42	Buy
200-Day	139.78	Buy
250-Day	139.11	Buy

First Trust Nasdaq-100 Select Equal Weight ETF (QQEW) 5-Day simple moving average is 151.93, while First Trust Nasdaq-100 Select Equal Weight ETF (QQEW) share price is $158.325, making it Buy.

First Trust Nasdaq-100 Select Equal Weight ETF (QQEW) 10-Day simple moving average is 155.19, while First Trust Nasdaq-100 Select Equal Weight ETF (QQEW) share price is $158.325, making it Buy.

First Trust Nasdaq-100 Select Equal Weight ETF (QQEW) 20-Day simple moving average is 152.23, while First Trust Nasdaq-100 Select Equal Weight ETF (QQEW) share price is $158.325, making it Buy.

First Trust Nasdaq-100 Select Equal Weight ETF (QQEW) 60-Day simple moving average is 140.42, while First Trust Nasdaq-100 Select Equal Weight ETF (QQEW) share price is $158.325, making it Buy.

First Trust Nasdaq-100 Select Equal Weight ETF (QQEW) 200-Day simple moving average is 139.78, while First Trust Nasdaq-100 Select Equal Weight ETF (QQEW) share price is $158.325, making it Buy.

First Trust Nasdaq-100 Select Equal Weight ETF (QQEW) 250-Day simple moving average is 139.11, while First Trust Nasdaq-100 Select Equal Weight ETF (QQEW) share price is $158.325, making it Buy.