QQQ PowerShares QQQ Daily Chart Analysis: 2025-Oct-16 07:14 CT

Price Action

WSFG Weekly

MSFG Month Oct

YSFG Year 2025

Swing Pivots

Daily Benchmarks

Additional Metrics

Overall Rating

Key Insights Summary

The QQQ daily chart shows a strong bullish structure in the short-term, with price holding above key moving averages and the most recent swing pivot confirming an uptrend. The last price is near recent highs, and momentum remains average, suggesting steady participation without excessive volatility. Intermediate-term signals are more neutral, as the HiLo trend has shifted to a downtrend, indicating some consolidation or a possible pause after the recent rally. Long-term moving averages remain in a solid uptrend, supporting the broader bullish bias. Resistance is defined at 611.75 and 600.71, with support at 592.00 and below, providing clear levels for monitoring potential reversals or trend continuations. Volume and ATR metrics indicate healthy activity but not extreme volatility. Overall, the market is in a bullish phase with some short-term consolidation, typical of a strong trend pausing before its next move. Futures swing traders would note the potential for continued upside, but also recognize the importance of monitoring for any breakdown below key support levels that could shift the intermediate-term outlook.


Chart Analysis ATS AI Generated: 2025-10-16 07:14 for Informational use only, not trading advice. Terms and Risk Disclosure Copyright © 2025. Algo Trading Systems LLC.