First Trust NASDAQ-100 Equal Weighted Index Fund (QQEW) — Technical state
As of 2026-11-04 — re-computed nightly across the coverage universe. Closelooknet diary readings, not advice.
The Closelooknet read
- Signal: Pullback inside an uptrend stack — Trades -5.1% vs the 50-day and +2.1% vs the 200-day average, 9.3% below the 52-week high and +24% off the 52-week low. Computed from daily closes. (as of 2026-11-04)
- Trend: First Trust NASDAQ-100 Equal Weighted Index Fund trades 5.1% below its 50-day and 2.1% above its 200-day moving average. (as of 2026-11-04)
- Inside the fund: Broad decline - breadth is falling with price. (confirming down, last 21 sessions). Over 21 sessions the fund moved −8.5% while the median holding moved +2.4%; 31 of 49 holdings beat the fund and 26 rose. Against the S&P 500 fund it is −6.9pp over the same window. The top ten holdings carry 32.6% of the weight (effective N 43.1). (as of 2026-11-04)
The full read — the desk's view, the earnings record, peers and the company snapshot — is on the QQEW overview. Research diary readings, not advice.
Trades -5.1% vs the 50-day and +2.1% vs the 200-day average, 9.3% below the 52-week high and +24% off the 52-week low. Computed from daily closes.
The moving-average stack
- vs 20-day-3.3%
- vs 50-day-5.1%
- vs 200-day+2.1%
- 52-week band9.3% off the high · +24% off the low
- Streak2 consecutive up sessions
- 50-day crossprice crossed down through the 50-day 17 sessions ago
- Stochastic%K 21.1 · %D 8.3 · bull cross
Continue: the QQEW chart & overview · the signal board
FAQ · from the current data · as of 2026-11-04
Quick answers
What is the current Closelooknet signal on QQEW?
Pullback inside an uptrend stack — Trades -5.1% vs the 50-day and +2.1% vs the 200-day average, 9.3% below the 52-week high and +24% off the 52-week low. Computed from daily closes. As of 2026-11-04; the signal board re-computes across the coverage universe nightly. A research diary reading, not advice.
Is QQEW above its 50-day and 200-day moving averages?
As of 2026-11-04, First Trust NASDAQ-100 Equal Weighted Index Fund trades -5.1% below its 50-day and +2.1% above its 200-day average, with the 20-day -3.3% away.
How far is QQEW from its 52-week high?
9.3% below the 52-week high and 24% above the 52-week low, as of 2026-11-04.