Add as a preferred source on GoogleQQQM Trades at $297.64 in Oct. 16 Snapshot as Daily Momentum Weakens
The intraday reading was down 0.72% from the previous close, while its hourly MACD histogram was slightly positive.
Invesco NASDAQ 100 ETF (QQQM) traded at $297.64 at 10:46 a.m. ET (14:46 UTC) on Oct. 16, down 0.72% from its previous close of $299.79. The intraday snapshot showed negative daily momentum readings alongside a slightly positive hourly MACD histogram.
The daily MACD histogram was -1.57, and the daily 14-period relative strength index (RSI14) was 41.07. On the hourly timeframe, the MACD histogram was +0.02 and RSI14 was 35.29. The MACD histogram readings were on opposite sides of zero across the two timeframes.
QQQM offers exposure to the Nasdaq-100, which includes 100 of the largest domestic and international nonfinancial companies listed on Nasdaq. The price and indicator readings describe the fund’s market snapshot; they do not establish a change in the index’s composition or the fund’s stated strategy.
Enna Lee
ReporterEnna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.