QQQ PowerShares QQQ Weekly Chart Analysis: 2026-Jan-02 07:10 CT

Price Action

• Last: 614.31,
• Bars: Medium,
• Mom: Momentum average.

WSFG Weekly

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

MSFG Month Jan

• Intermediate-Term
• MSFG Current: NA%
• F0%/NTZ' Bias: Price Neutral,
• MSFG Trend: Neutral.

YSFG Year 2026

• 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 601.42,
• 5. Levels R: 637.01, 629.21, 554.80,
• 6. Levels S: 601.42, 560.74, 482.07, 413.07, 362.47, 325.19.

Weekly Benchmarks

• (Intermediate-Term) 5 Week: 619.98 UTrend,
• (Intermediate-Term) 10 Week: 611.41 UTrend,
• (Long-Term) 20 Week: 601.42 UTrend,
• (Long-Term) 55 Week: 510.55 UTrend,
• (Long-Term) 100 Week: 505.05 UTrend,
• (Long-Term) 200 Week: 419.58 UTrend.

Overall Rating

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

Key Insights Summary

The QQQ weekly chart shows a market that has been in a strong uptrend over the long term, as evidenced by all major moving averages (20, 55, 100, 200 week) trending upward and well below current price. The most recent swing pivot is a high at 637.01, with the next key support at 601.42, indicating a potential consolidation phase after a significant rally. Short-term and intermediate-term trends are neutral, with price action hovering near recent highs and momentum at an average pace. Resistance is clustered near the recent highs, while multiple support levels are established below, suggesting a market that may be pausing or digesting gains. The overall structure points to a healthy long-term uptrend, but with short- and intermediate-term consolidation or sideways movement as the market tests and potentially digests the recent highs. No clear breakout or breakdown is currently signaled, and the technicals suggest a wait-and-see approach for directional conviction in the short to intermediate term.