QQQ PowerShares QQQ Daily Chart Analysis: 2025-Aug-18 07:13 CT

Price Action

Last: 577.34,
Bars: Medium,
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 577.34,
4. Pvt. Next: Pvt low 567.64,
5. Levels R: 583.32, 577.34,
6. Levels S: 567.64, 549.57, 511.03, 505.58.

Daily Benchmarks

(Short-Term) 5 Day: 577.54 Up Trend,
(Short-Term) 10 Day: 570.25 Up Trend,
(Intermediate-Term) 20 Day: 567.64 Up Trend,
(Intermediate-Term) 55 Day: 549.57 Up Trend,
(Long-Term) 100 Day: 517.32 Up Trend,
(Long-Term) 200 Day: 514.40 Up Trend.

Additional Metrics

ATR: 733,
VOLMA: 32709273.

Overall Rating

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

Key Insights Summary

The QQQ daily chart shows a strong bullish structure across all timeframes, with price action making new highs and momentum remaining fast. All benchmark moving averages (from short to long-term) are in uptrends, confirming broad market strength. Swing pivots indicate the current trend is up, with the most recent pivot high at 577.34 and next key support at 567.64. Resistance is seen at 583.32, suggesting the market is approaching a potential test of higher levels. The ATR remains elevated, reflecting persistent volatility, while volume is steady but not extreme. The neutral bias on the session fib grids (weekly, monthly, yearly) suggests price is not extended relative to recent ranges, supporting the ongoing trend rather than signaling exhaustion. Overall, the technical landscape favors trend continuation, with higher lows and higher highs dominating the chart, and no immediate signs of reversal or major pullback.