Invesco NASDAQ 100 ETF Price & Performance (QQQM)

The Invesco Nasdaq 100 ETF (QQQM) experienced a slight gain of 0.36%, closing at $198.01 on March 21. Despite short-term buy signals, long-term trends suggest potential declines, with a predicted 7.17% drop over the next three months. Resistance and support levels indicate cautious trading opportunities.12

Short interest in the Invesco Nasdaq 100 ETF (QQQM) fell by nearly 20% in February, signaling reduced bearish sentiment. Currently, only 0.27% of its shares are shorted, reflecting growing investor confidence. However, the ETF's broader market performance remains under scrutiny amidst fluctuating trends.34

The Invesco QQQ Trust attracted $1 billion in inflows on March 26, reflecting strong investor interest. This comes as the ETF industry saw net inflows of $1.5 billion, with U.S. equity funds leading the charge. The S&P 500's modest gains further supported positive sentiment.45