(QQC) Invesco NASDAQ 100 Index - Ratings and Ratios

The Invesco NASDAQ 100 Index ETF CAD Units (Ticker: QQC) is designed to track the performance of the NASDAQ-100 Index, focusing on the largest and most actively traded non-financial companies listed on The NASDAQ Stock Market. The fund employs a hedged strategy to mitigate currency risk, making it suitable for Canadian investors seeking exposure to U.S. technology and growth sectors. It invests directly or indirectly in equity securities of index constituents, offering a diversified portfolio of leading companies in technology, consumer services, and healthcare. For more information, visit: http://www.invesco.ca.

Based on the provided data, the ETF is currently trading at 32.36, slightly below its 50-day SMA of 32.68 but above its 20-day SMA of 31.26. The 200-day SMA of 33.59 indicates a longer-term downtrend. With an ATR of 1.08, volatility remains moderate. The funds AUM of 775.96M CAD reflects its popularity among investors. Moving forward, if the price breaks above the 50-day SMA with increased volume, it may signal a reversal of the short-term downtrend. Conversely, failure to maintain momentum could lead to further consolidation near the 31.26 support level. Longer-term, the ETFs performance will likely align with broader U.S. equity market trends, particularly in the technology sector.