First Trust NASDAQ-100-Technology Sector Index Fund (QTEC) Shares Cross Below 200 DMA

In trading on Monday, shares of the First Trust NASDAQ-100-Technology Sector Index Fund ETF ( QTEC) crossed below their 200 day moving average of $43.14, changing hands as low as $42.67 per share. First Trust NASDAQ-100-Technology Sector Index Fund shares are currently trading off about 1.1% on the day. The chart below shows the one year performance of QTEC shares, versus its 200 day moving average:

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First Trust NASDAQ-100-Technology Sector Index Fund 200 Day Moving Average Chart

Looking at the chart above, QTEC's low point in its 52 week range is $36.44 per share, with $45.59 as the 52 week high point — that compares with a last trade of $42.93.

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