Should you buy QNDX ETF?
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Based on market data through , StockInvest.us rates State Street Spdr Portfolio Nasdaq 100 Etf (QNDX) as Hold/Accumulate with a technical score of -0.88 on its -10 to +10 scale. The rating is unchanged from the previous daily evaluation.
- Hold signal since
- Price since signal Up 0.87%
- 3-month trend forecast Down 2.85%
- Easy Tracking In The Watchlist
State Street Spdr Portfolio Nasdaq 100 ETF price ended at $24.41 on Monday, after losing 0.327%
(Market data through Aug 10, 2026)
The State Street Spdr Portfolio Nasdaq 100 ETF price fell by -0.327% on the last day (Monday, 10th Aug 2026) from $24.49 to $24.41. During the last trading day the ETF fluctuated 0.574% from a day low at $24.40 to a day high of $24.54. The price has been going up and down for this period, and there has been a 5.67% gain for the last 2 weeks. Volume has increased on the last day by 108 thousand shares but on falling prices. This may be an early warning and the risk will be increased slightly over the next couple of days. In total, 315 thousand shares were bought and sold for approximately $7.70 million.
The ETF lies the upper part of a falling trend in the short term, and this may normally pose a very good selling opportunity for the short-term trader as reaction back towards the lower part of the trend can be expected. A break up at the top trend line at $24.42 will firstly indicate a slower falling rate, but may be the first sign of a trend shift. Given the current short-term trend, the ETF is expected to fall -2.85% during the next 3 months and, with a 90% probability hold a price between $21.61 and $23.72 at the end of this 3-month period. Do note, that if the ETF price manages to stay at current levels or higher, our prediction target will start to change positively over the next few days as the conditions for the current predictions will be broken.
QNDX Signals & Forecast
The State Street Spdr Portfolio Nasdaq 100 ETF holds buy signals from both short and long-term Moving Averages giving a positive forecast for the ETF. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down, there will be some support from the lines at $24.13 and $23.97. A breakdown below any of these levels will issue sell signals. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Some negative signals were issued as well, and these may have some influence on the near short-term development. A sell signal was issued from a pivot top point on Tuesday, August 04, 2026, and so far it has fallen -0.408%. Further fall is indicated until a new bottom pivot has been found. Volume rose on falling prices yesterday. This may be an early warning and the ETF should be followed more closely.
Support, Risk & Stop-loss for State Street Spdr Portfolio Nasdaq 100 ETF
State Street Spdr Portfolio Nasdaq 100 finds support from accumulated volume at $24.30 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.
This ETF is usually traded at a good volume, and with minor daily changes, the risk is considered to be low. During the last day, the ETF moved $0.140 (0.574%) between high and low. For the last week, the ETF has had daily average volatility of 1.37%.
Our recommended stop-loss: $23.67 (-3.03%) (This ETF has low daily movements and this gives low risk. There is a sell signal from a pivot top found 4 days ago.)
Trading Expectations (QNDX) For The Upcoming Trading Day Of Tuesday 11th
For the upcoming trading day on Tuesday, 11th we expect State Street Spdr Portfolio Nasdaq 100 Etf to open at $24.45, and during the day (based on 14 day Average True Range), to move between $24.17 and $24.65, which gives a possible trading interval of +/-$0.472 (+/-1.95%) up or down from last closing price. If State Street Spdr Portfolio Nasdaq 100 Etf takes out the full calculated possible swing range there will be an estimated 1.95% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at $24.47 (0.25%) than the support at $24.30 (0.45%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.
Is State Street Spdr Portfolio Nasdaq 100 Etf ETF A Buy?
State Street Spdr Portfolio Nasdaq 100 holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development.
Current score:
-0.877
Hold/Accumulate
Unchanged
Predicted Fair Opening Price
Predicted fair opening price on August 11, 2026 - $24.45 ( 0.164%).
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QNDX Performance
Trading levels for QNDX
Fibonacci Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 24.59 | 0.737% |
| R2 | 24.54 | 0.518% |
| R1 | 24.50 | 0.383% |
| Price | 24.41 | |
| S1 | 24.40 | -0.0552% |
| S2 | 24.36 | -0.191% |
| S3 | 24.31 | -0.410% |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 24.58 | 0.696% |
| R2 | 24.51 | 0.410% |
| R1 | 24.47 | 0.246% |
| Price | 24.41 | |
| S1 | 24.30 | -0.451% |
| S2 | 24.11 | -1.23% |
| S3 | 23.44 | -3.97% |
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