(QQH) HCM Defender 100 Index - Ratings and Ratios

The HCM Defender 100 Index ETF (NYSE ARCA: QQH) is designed to track the performance of the Solactive US Technology 100 Index using a proprietary methodology aimed at outperformance. The fund invests at least 80% of its net assets in securities from this index, focusing on large-cap growth technology companies. These companies are selected based on factors such as market capitalization, liquidity, and growth potential, ensuring exposure to leading tech firms in the U.S.

As a large growth ETF, QQH is listed on the NYSE ARCA and has attracted significant investor interest, with assets under management (AUM) of nearly $587 million. Its average trading volume over the past 20 days is approximately 29,932 shares, indicating moderate liquidity. The ETFs current price is $62.33, with key technical indicators showing an SMA 20 of $66.76, SMA 50 of $67.53, and SMA 200 of $63.12. The ATR of 1.28 reflects its recent price volatility.

Looking ahead, the next three months may see QQHs price action influenced by its current position relative to moving averages. The SMA 20 and SMA 50 are above the current price, suggesting potential resistance levels. However, the SMA 200 is slightly below the current price, indicating longer-term support. The ATR of 1.28 suggests that price movements may remain moderate, with potential fluctuations within a $60-$65 range. Investors should monitor these technical levels and broader market conditions for cues on the ETFs near-term trajectory.