QQQ PowerShares QQQ Weekly Chart Analysis: 2025-Oct-12 18:10 CT

Price Action

WSFG Weekly

MSFG Month Oct

YSFG Year 2025

Swing Pivots

Weekly Benchmarks

Overall Rating

Key Insights Summary

The QQQ weekly chart is displaying strong bullish momentum, with price action characterized by large bars and fast momentum, indicating aggressive buying interest. All major moving averages (from 5-week to 200-week) are trending upward, confirming a robust uptrend across all timeframes. The most recent swing pivot is a new high at 613.18, with the next key support at 560.38, suggesting the market is in a phase of trend continuation after a breakout. Resistance levels are layered above, but the lack of significant pullbacks and the alignment of swing pivots and moving averages point to persistent strength. The neutral bias in the session fib grids (WSFG, MSFG, YSFG) suggests price is not currently extended relative to recent ranges, supporting the sustainability of the move. The overall structure is indicative of a mature bull trend, with higher highs and higher lows, and no immediate signs of exhaustion or reversal. Volatility remains elevated, but the technical backdrop favors trend-following strategies, with the market likely to remain in a bullish regime unless a significant reversal at key support levels occurs.


Chart Analysis ATS AI Generated: 2025-10-12 18:10 for Informational use only, not trading advice. Terms and Risk Disclosure Copyright © 2025. Algo Trading Systems LLC.