QQQ Makes Notable Cross Below Critical Moving Average

In trading on Thursday, shares of the Invesco QQQ ETF (Symbol: QQQ) crossed below their 200 day moving average of $365.35, changing hands as low as $364.39 per share. Invesco QQQ shares are currently trading down about 0.4% on the day. The chart below shows the one year performance of QQQ shares, versus its 200 day moving average:

Invesco QQQ 200 Day Moving Average Chart

Looking at the chart above, QQQ’s low point in its 52 week range is $297.45 per share, with $408.71 as the 52 week high point — that compares with a last trade of $363.26.

Click here to find out which 9 other ETFs recently crossed below their 200 day moving average »

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

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