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 -0.93, suggesting QQEW is Strong sell.

First Trust Nasdaq-100 Select Equal Weight ETF (QQEW) 20-Day simple moving average is 133.29, while First Trust Nasdaq-100 Select Equal Weight ETF (QQEW) share price is $133.11, making it Sell.

First Trust Nasdaq-100 Select Equal Weight ETF (QQEW) 60-Day simple moving average is 138.68, while First Trust Nasdaq-100 Select Equal Weight ETF (QQEW) share price is $133.11, making it Sell.

Technical Analysis for QQEW

Technical Sentiment Analysis for First Trust Nasdaq-100 Select Equal Weight ETF (QQEW). As of 2026-03-11, First Trust Nasdaq-100 Select Equal Weight ETF (QQEW) is exhibiting a Strong sell technical sentiment. Our proprietary analysis, which aggregates 12 technical signals, shows that 0 indicators are flashing buy, while 12 are indicating sell.

Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for QQEW stands at 44.59, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -0.93, providing a Sell signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 63.61 and the Commodity Channel Index (CCI) at 12.31 further confirm a -1.36 outlook for the ETF.

Support, Resistance & Moving Averages. From a structural perspective, QQEW is trading above its 60-day moving average of $138.68 and above its 200-day long-term moving average of $138.37. Key price levels to watch include the immediate resistance at $136.49 and strong support at $131. A break above $136.49 could signal a bull continuation, while falling below $131 may test the next Fibonacci floor at $128.02.

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

Name	S3	S2	S1	Pivot Points	R1	R2	R3
Classic	125.52	128.02	131	133.51	136.49	138.99	141.97
Fibonacci	128.02	130.12	131.41	133.51	135.6	136.9	138.99

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

2026-03-11

Name	Value
Relative Strength Index (RSI)	44.59
Stochastic Oscillator	63.61
Stochastic RSI	66.41
Commodity Channel Index (CCI)	12.31
Awesome Oscillator	-1.7
Momentum	-1.36
MACD	-0.93

First Trust Nasdaq-100 Select Equal Weight ETF (QQEW) Relative Strength Index (RSI) is 44.59, creating a Neutral signal.

First Trust Nasdaq-100 Select Equal Weight ETF (QQEW) Stochastic Oscillator is 63.61, creating a Neutral signal.

First Trust Nasdaq-100 Select Equal Weight ETF (QQEW) Stochastic RSI is 66.41, creating a Neutral signal.

First Trust Nasdaq-100 Select Equal Weight ETF (QQEW) Commodity Channel Index (CCI) is 12.31, creating a Neutral signal.

First Trust Nasdaq-100 Select Equal Weight ETF (QQEW) Awesome Oscillator is -1.7, creating a Sell signal.

First Trust Nasdaq-100 Select Equal Weight ETF (QQEW) Momentum is -1.36, creating a Sell signal.

First Trust Nasdaq-100 Select Equal Weight ETF (QQEW) MACD is -0.93, creating a Sell signal.

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

2026-03-11

Period	Simple	Signal
5-Day	133.9	Sell
10-Day	133.98	Sell
20-Day	133.29	Sell
60-Day	138.68	Sell
200-Day	138.37	Sell
250-Day	135.08	Sell

First Trust Nasdaq-100 Select Equal Weight ETF (QQEW) 5-Day simple moving average is 133.9, while First Trust Nasdaq-100 Select Equal Weight ETF (QQEW) share price is $133.11, making it Sell.

First Trust Nasdaq-100 Select Equal Weight ETF (QQEW) 10-Day simple moving average is 133.98, while First Trust Nasdaq-100 Select Equal Weight ETF (QQEW) share price is $133.11, making it Sell.

First Trust Nasdaq-100 Select Equal Weight ETF (QQEW) 20-Day simple moving average is 133.29, while First Trust Nasdaq-100 Select Equal Weight ETF (QQEW) share price is $133.11, making it Sell.

First Trust Nasdaq-100 Select Equal Weight ETF (QQEW) 60-Day simple moving average is 138.68, while First Trust Nasdaq-100 Select Equal Weight ETF (QQEW) share price is $133.11, making it Sell.

First Trust Nasdaq-100 Select Equal Weight ETF (QQEW) 200-Day simple moving average is 138.37, while First Trust Nasdaq-100 Select Equal Weight ETF (QQEW) share price is $133.11, making it Sell.

First Trust Nasdaq-100 Select Equal Weight ETF (QQEW) 250-Day simple moving average is 135.08, while First Trust Nasdaq-100 Select Equal Weight ETF (QQEW) share price is $133.11, making it Sell.