QQQ PowerShares QQQ Daily Chart Analysis: 2025-Aug-21 07:17 CT

Price Action

WSFG Weekly

MSFG Month Aug

YSFG Year 2025

Swing Pivots

Daily Benchmarks

Additional Metrics

Overall Rating

Key Insights Summary

The QQQ daily chart shows a recent shift in short-term momentum, with price pulling back from the recent swing high at 583.32 and currently trading at 565.99. The short-term swing pivot trend has turned down (DTrend), and both the 5-day and 10-day moving averages are in a downtrend, confirming short-term weakness. However, the intermediate-term HiLo trend remains up (UTrend), and the 55-day, 100-day, and 200-day moving averages are all in uptrends, indicating that the broader bullish structure is intact. Support is clustered around 523.68 and 505.58, while resistance is at 565.99 and 583.32. Volatility (ATR) is elevated, and volume remains robust. The market appears to be in a corrective phase within a larger uptrend, with the potential for further consolidation or a test of lower support before any resumption of the primary bullish trend. No clear breakout or breakdown is evident, and the overall structure suggests a pause or retracement within a longer-term bullish cycle.


Chart Analysis ATS AI Generated: 2025-08-21 07:18 for Informational use only, not trading advice. Terms and Risk Disclosure Copyright © 2025. Algo Trading Systems LLC.