Invesco QQQ Trust, Series 1 QQQ
Jump To Section
$
Relative Strength Index (RSI)
- The Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. It is typically used to identify overbought or oversold conditions in financial markets.
- The RSI is calculated using the following formula:
RSI = 100 - (100 / (1 + RS))
Where RS is the ratio of the average gains to the average losses over a specified period.
- The default time period used is 14 days.
- RSI values range between 0 and 100.
RSI values above 70 are considered overbought (indicating a potentially opportune time to sell)
RSI values below 30 are considered oversold (indicating a potentially opportune time to buy)
RSI is not a perfect indicator and should be used in conjunction with other technical analysis tools, this is for informational purposes only and is not a substitute for professional financial advice.
About
Invesco QQQ Trust, Series 1 (QQQ) Investment Strategy and Portfolio Holdings Overview
To maintain the correspondence between the composition and weights of the securities in the trust (the securities) and the stocks in the NASDAQ-100 Index®, the adviser adjusts the securities from time to time to conform to periodic changes in the identity and/or relative weights of index securities. The composition and weighting of the securities portion of a portfolio deposit are also adjusted to conform to changes in the index.
Key Insights
Invesco QQQ Trust, Series 1 (QQQ) Essential ETF Metrics and Performance Data
Latest Closing Price
$590Market Cap
$231.93 BillionAverage Daily Volume
48,658,002.7 Shares52-Week Range
$402.39-$592.86Total Outstanding Shares
632.35 Million SharesCurrent Dividend
$0.59 Per Share QuarterlyInception Date
March 23, 2011