QQQ PowerShares QQQ Weekly Chart Analysis: 2025-Aug-06 07:14 CT

Price Action

Last: 560.27,
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 560.27,
4. Pvt. Next: Pvt low 509.70,
5. Levels R: 560.27, 549.09, 498.96,
6. Levels S: 422.67, 372.35, 259.73, 222.67.

Weekly Benchmarks

(Intermediate-Term) 5 Week: 555.39 Up Trend,
(Intermediate-Term) 10 Week: 544.28 Up Trend,
(Long-Term) 20 Week: 509.70 Up Trend,
(Long-Term) 55 Week: 466.00 Up Trend,
(Long-Term) 100 Week: 446.69 Up Trend,
(Long-Term) 200 Week: 396.04 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 making new highs and momentum accelerating. The most recent swing pivot is a high at 560.27, with the next key support at 509.70, indicating a significant gap between current price and the next major support. All benchmark moving averages are trending upward, confirming the strength of the uptrend. Resistance levels are being taken out, and the price is well above all long-term moving averages, suggesting robust institutional participation. The chart reflects a classic trend continuation environment, with large bullish bars and fast momentum, typical of a market in a strong rally phase. No immediate signs of exhaustion or reversal are present, and the technical landscape is supportive of further upside, barring any major external shocks. The overall environment is characterized by trend strength, higher highs, and higher lows, with volatility favoring the bulls.