QQQ PowerShares QQQ Weekly Chart Analysis: 2025-Oct-24 07:46 CT

Price Action

Last: 610.58,
Bars: Large,
Mom: Momentum fast.

WSFG Weekly

Short-Term
WSFG Current: NA%
F0%/NTZ' Bias: Price Neutral,
WSFG Trend: Neutral.

MSFG Month Oct

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 610.58,
4. Pvt. Next: Pvt low 563.83,
5. Levels R: 610.58, 553.83, 522.16, 496.75, 436.35,
6. Levels S: 413.07, 342.36, 259.73.

Weekly Benchmarks

(Intermediate-Term) 5 Week: [not shown] [Up Trend],
(Intermediate-Term) 10 Week: [not shown] [Up Trend],
(Long-Term) 20 Week: 568.63 Up Trend,
(Long-Term) 55 Week: 488.97 Up Trend,
(Long-Term) 100 Week: 407.06 Up Trend,
(Long-Term) 200 Week: 342.36 Up Trend.

Overall Rating

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

Key Insights Summary

The QQQ weekly chart shows a strong bullish structure across all timeframes, with price action making new highs and momentum remaining fast. The most recent swing pivot is a new high at 610.58, confirming the uptrend, while the next key support is at 563.83. All major long-term moving averages (20, 55, 100, 200 week) are trending upward, reinforcing the strength of the current trend. Resistance levels are being broken, and support levels are rising, indicating persistent buying pressure. The neutral bias on the session fib grids suggests price is not currently extended or overbought relative to recent ranges, supporting the sustainability of the move. The chart reflects a classic trend continuation environment, with higher highs and higher lows, and no immediate signs of reversal or exhaustion. This environment is typically favorable for trend-following swing strategies, with volatility and momentum supporting further upside as long as key support levels hold.