QQQ PowerShares QQQ Weekly Chart Analysis: 2025-Sep-24 07:15 CT

Price Action

WSFG Weekly

MSFG Month Sep

YSFG Year 2025

Swing Pivots

Weekly Benchmarks

Overall Rating

Key Insights Summary

The QQQ weekly chart shows a strong bullish structure, with price making new highs and momentum accelerating. All major long-term moving averages (20, 55, 100, 200 week) are trending upward and well below current price, confirming a robust uptrend. Swing pivots indicate a clear uptrend in both short- and intermediate-term, with the most recent pivot high at 598.20 and next support at 550.89. Resistance levels are being set at new highs, while support levels are layered well below, suggesting a wide cushion for potential pullbacks. The price is currently above all key benchmarks, and the absence of a directional bias in the Fib grids (neutral) suggests the trend is being driven by price action rather than mean reversion or consolidation. The chart reflects a classic trend continuation environment, with higher highs and higher lows, and no immediate signs of reversal or exhaustion. Volatility appears elevated, as indicated by large bars and fast momentum, which is typical in strong trending phases.


Chart Analysis ATS AI Generated: 2025-09-24 07:15 for Informational use only, not trading advice. Terms and Risk Disclosure Copyright © 2025. Algo Trading Systems LLC.