QQQ PowerShares QQQ Weekly Chart Analysis: 2025-Dec-23 07:13 CT
Price Action
- Last: 619.21,
- 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,
- (Intermediate-Term) 2. HiLo Trend: DTrend,
- 3. Pvt. Evolve: Pvt high 637.01,
- 4. Pvt. Next: Pvt low 598.96,
- 5. Levels R: 637.01,
- 6. Levels S: 598.96, 580.74, 522.47, 418.19.
Weekly Benchmarks
- (Intermediate-Term) 5 Week: 613.00 Up Trend,
- (Intermediate-Term) 10 Week: 611.42 Up Trend,
- (Long-Term) 20 Week: 598.96 Up Trend,
- (Long-Term) 55 Week: 550.84 Up Trend,
- (Long-Term) 100 Week: 508.04 Up Trend,
- (Long-Term) 200 Week: 418.19 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, and 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 598.96, indicating a potential pullback zone. Short-term momentum remains positive, supported by an uptrend in the 5 and 10 week MAs, while the intermediate-term HiLo trend has shifted to a downtrend, suggesting some consolidation or corrective action after a strong rally. The price is currently in a neutral zone relative to the yearly and monthly session fib grids, reflecting a pause after a significant advance. For futures swing traders, the environment is characterized by bullish long-term structure, but with signs of short-term exhaustion and possible mean reversion or sideways action as the market digests recent gains. Key levels to watch are the recent high for potential breakout continuation and the 598.96-580.74 support zone for signs of buying interest on any retracement.
Chart Analysis ATS AI Generated: 2025-12-23 07:13 for Informational use only, not trading advice. Terms and Risk Disclosure Copyright © 2025. Algo Trading Systems LLC.