First Trust NASDAQ-100-Technology Sector Index Fund (QTEC)

First Trust NASDAQ-100-Technology Sector Index Fund is trading at $307.74, down 2.77% on the session. The 50 day average sits at $313.92 and the 200 day at $264.37, which puts the stock in a uptrend. RSI is at 52, which reads as neutral, and MACD is bearish crossover. Volume is average.

The nearest support is around $313.00 with resistance near $323.41, so that band frames the current range. Average daily movement is roughly $7.21, or about 2.3% of the share price, which is what any stop placement has to allow for. The overall health score of 70 out of 100 combines a trend score of 93, momentum of 47 and a risk score of 67.

The fund will normally invest at least 90% of its net assets (including investment borrowings) in the securities that comprise the index. The index is an equal-weighted index composed of the securities comprising the NASDAQ-100 Index® that are classified as "technology" according to the Industry Classification Benchmark classification system.