QQQ PowerShares QQQ Weekly Chart Analysis: 2025-Dec-17 07:17 CT
Price Action
- Last: 611.75,
- Bars: Medium,
- Mom: Momentum average.
WSFG Weekly
- Short-Term
- WSFG Current: NA%
- F0%/NTZ' Bias: Price Neutral,
- WSFG Trend: Neutral.
MSFG Month Dec
- 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 1,
- (Intermediate-Term) 2. HiLo Trend: DTrend 2,
- 3. Pvt. Evolve: Pvt High 637.01,
- 4. Pvt. Next: Pvt Low 595.80,
- 5. Levels R: 637.01,
- 6. Levels S: 595.80, 549.48, 505.09, 422.67, 416.81.
Weekly Benchmarks
- (Intermediate-Term) 5 Week: 611.44 Up Trend,
- (Intermediate-Term) 10 Week: 610.08 Up Trend,
- (Long-Term) 20 Week: 595.82 Up Trend,
- (Long-Term) 55 Week: 549.48 Up Trend,
- (Long-Term) 100 Week: 505.09 Up Trend,
- (Long-Term) 200 Week: 416.81 Up Trend.
Overall Rating
- Short-Term: Bullish,
- Intermediate-Term: Neutral,
- Long-Term: Bullish.
Key Insights Summary
The QQQ weekly chart shows a strong long-term uptrend, with all major moving averages (20, 55, 100, 200 week) trending higher and price well above these benchmarks. The most recent swing pivot is a high at 637.01, with the next key support at 595.80, indicating a recent pullback from highs but with support holding above the 20-week MA. Short-term momentum remains positive, as reflected by the uptrend in the 5 and 10 week MAs and the current swing pivot trend. However, the intermediate-term HiLo trend has shifted to a downtrend, suggesting some consolidation or corrective action after a strong rally. The price is currently within a neutral zone on the session fib grids, with no clear directional bias from the WSFG, MSFG, or YSFG. Overall, the chart reflects a market in a bullish long-term structure, experiencing a short-term pullback or consolidation phase, with key support levels to watch for potential trend continuation or further correction. Volatility and choppy price action may persist as the market digests recent gains and tests support zones.
Chart Analysis ATS AI Generated: 2025-12-17 07:17 for Informational use only, not trading advice. Terms and Risk Disclosure Copyright © 2025. Algo Trading Systems LLC.