QQQ PowerShares QQQ Weekly Chart Analysis: 2025-Aug-04 07:12 CT

Price Action

Last: 553.88,
Bars: Large,
Mom: Momentum fast.

WSFG Weekly

Short-Term
WSFG Current: NA%
F0%/NTZ' Bias: Price Neutral,
WSFG Trend: Neutral.

MSFG Month Aug

Intermediate-Term
MSFG Current: NA%
F0%/NTZ' Bias: Price Neutral,
MSFG Trend: Neutral.

YSFG Year 2025

Long-Term
YSFG Current: NA%
F0%/NTZ' Bias: Price Neutral,
YSFG Trend: Neutral.

Swing Pivots

(Short-Term) 1. Pvt. Trend: UTrend,
(Intermediate-Term) 2. HiLo Trend: UTrend,
3. Pvt. Evolve: Pvt high 553.88,
4. Pvt. Next: Pvt low 513.07,
5. Levels R: 553.88,
6. Levels S: 505.98, 496.93, 423.67, 395.07, 259.73.

Weekly Benchmarks

(Intermediate-Term) 5 Week: 557.23 Up Trend,
(Intermediate-Term) 10 Week: 532.02 Up Trend,
(Long-Term) 20 Week: 505.98 Up Trend,
(Long-Term) 55 Week: 496.93 Up Trend,
(Long-Term) 100 Week: 462.93 Up Trend,
(Long-Term) 200 Week: 400.00 Up Trend.

Overall Rating

Short-Term: Bullish,
Intermediate-Term: Bullish,
Long-Term: Bullish.

Key Insights Summary

The QQQ weekly chart shows a strong bullish structure across all timeframes, with price recently making a new swing high at 553.88. Momentum is fast and bars are large, indicating strong participation and conviction in the current move. All benchmark moving averages from short to long-term are in uptrends, supporting the prevailing bullish bias. The most recent swing pivot trend is up, with the next key support levels at 505.98 and 496.93, while resistance is at the new high. The price is well above the yearly, monthly, and weekly session fib grids, which are all neutral, suggesting the market is in a strong trending phase rather than a range or consolidation. The chart reflects a classic trend continuation environment, with higher highs and higher lows, and no immediate signs of reversal or exhaustion. This aligns with a broader market rally, possibly driven by positive macro or sector news, and the technicals confirm sustained strength with little overhead resistance until new highs are tested.