Ishares Nasdaq 100 Etf Technical Analysis

XQQ Etf  CAD 138.92  0.47  0.34%   
As of the 28th of March, IShares NASDAQ retains the Downside Deviation of 0.9162, risk adjusted performance of 0.081, and Market Risk Adjusted Performance of 0.1265. Concerning fundamental indicators, the technical analysis model lets you check existing technical drivers of IShares NASDAQ 100, as well as the relationship between them. Simply put, you can use this information to find out if the entity will indeed mirror its model of historical price patterns, or the prices will eventually revert. We were able to break down and collect data for nineteen technical drivers for IShares NASDAQ 100, which can be compared to its competitors. Please check out IShares NASDAQ 100 jensen alpha, as well as the relationship between the potential upside and skewness to decide if IShares NASDAQ is priced fairly, providing market reflects its last-minute price of 138.92 per share.

IShares NASDAQ Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as IShares, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to IShares
  
IShares NASDAQ's Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.
IShares NASDAQ technical etf analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, etf market cycles, or different charting patterns.
A focus of IShares NASDAQ technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of IShares NASDAQ trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

IShares NASDAQ 100 Technical Analysis

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The output start index for this execution was three with a total number of output elements of fifty-eight. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of IShares NASDAQ 100 volatility. High ATR values indicate high volatility, and low values indicate low volatility.

IShares NASDAQ 100 Trend Analysis

Use this graph to draw trend lines for IShares NASDAQ 100. You can use it to identify possible trend reversals for IShares NASDAQ as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual IShares NASDAQ price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

IShares NASDAQ Best Fit Change Line

The following chart estimates an ordinary least squares regression model for IShares NASDAQ 100 applied against its price change over selected period. The best fit line has a slop of   0.23  , which means IShares NASDAQ 100 will continue generating value for investors. It has 122 observation points and a regression sum of squares at 1928.83, which is the sum of squared deviations for the predicted IShares NASDAQ price change compared to its average price change.

About IShares NASDAQ Technical Analysis

The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of IShares NASDAQ 100 on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of IShares NASDAQ 100 based on its technical analysis. In general, a bottom-up approach, as applied to this etf, focuses on IShares NASDAQ 100 price pattern first instead of the macroeconomic environment surrounding IShares NASDAQ 100. By analyzing IShares NASDAQ's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of IShares NASDAQ's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to IShares NASDAQ specific price patterns or momentum indicators. Please read more on our technical analysis page.

IShares NASDAQ March 28, 2024 Technical Indicators

Most technical analysis of IShares help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for IShares from various momentum indicators to cycle indicators. When you analyze IShares charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

IShares NASDAQ 100 One Year Return

Based on the recorded statements, IShares NASDAQ 100 has an One Year Return of 43.1%. This is much higher than that of the iShares family and significantly higher than that of the US Equity category. The one year return for all Canada etfs is notably lower than that of the firm.
Although One Year Fund Return indicator can give a sense of overall fund short-term potential, it is recommended to look at mid and long term return measure before selecting a particular fund or ETF. The great way to validate fund short-term performance is to compare it with other similar funds or ETFs for the same 12 months interval.

IShares NASDAQ March 28, 2024 Daily Trend Indicators

Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as IShares stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in IShares NASDAQ 100. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.

Complementary Tools for IShares Etf analysis

When running IShares NASDAQ's price analysis, check to measure IShares NASDAQ's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy IShares NASDAQ is operating at the current time. Most of IShares NASDAQ's value examination focuses on studying past and present price action to predict the probability of IShares NASDAQ's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move IShares NASDAQ's price. Additionally, you may evaluate how the addition of IShares NASDAQ to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between IShares NASDAQ's value and its price as these two are different measures arrived at by different means. Investors typically determine if IShares NASDAQ is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, IShares NASDAQ's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.