HomeMost PopularFirst Trust QTEC Falls Below 200-Day Moving Average: Analyzed Implications for NASDAQ-100...

First Trust QTEC Falls Below 200-Day Moving Average: Analyzed Implications for NASDAQ-100 Tech Sector

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First Trust QTEC ETF Falls Below Key Moving Average

Shares Drop Slightly as Technical Indicators Signal Caution

On Thursday, shares of the First Trust NASDAQ-100-Technology Sector Index Fund ETF (Symbol: QTEC) dipped below their 200-day moving average of $190.48, reaching a low of $190.18 per share. Currently, QTEC shares are down approximately 0.4% for the day. The accompanying chart illustrates the fund’s one-year performance in relation to its 200-day moving average:

First Trust NASDAQ-100-Technology Sector Index Fund 200 Day Moving Average Chart

From the chart, it’s clear that QTEC’s 52-week low stands at $164.27 per share, while the 52-week high reached $206.52. The shares last traded at $190.22, indicating a notable range over the past year.

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Click here to discover which 9 other ETFs have recently slipped below their 200-day moving average »

Additional Resources:
  • TS Dividend History
  • Funds Holding AVNU
  • SXCP Market Cap History

The views and opinions expressed herein are those of the author and do not necessarily reflect those of Nasdaq, Inc.

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