QQQ PowerShares QQQ Weekly Chart Analysis: 2026-Jan-05 07:13 CT

Price Action

• Last: 613.12,
• 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 1,
• (Intermediate-Term) 2. HiLo Trend: DTrend 2,
• 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, 510.55, 419.58.

Weekly Benchmarks

• (Intermediate-Term) 5 Week: 619.08 Up Trend,
• (Intermediate-Term) 10 Week: 611.41 Up Trend,
• (Long-Term) 20 Week: 601.42 Up Trend,
• (Long-Term) 55 Week: 554.80 Up Trend,
• (Long-Term) 100 Week: 510.55 Up Trend,
• (Long-Term) 200 Week: 419.58 Up Trend.

Overall Rating

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

Key Insights Summary

The QQQ weekly chart shows a market that has recently experienced a strong uptrend, with all major moving averages (5, 10, 20, 55, 100, and 200 week) trending upward, confirming long-term bullish momentum. However, price action in the short and intermediate term is consolidating near recent highs, as indicated by the neutral bias in the Weekly and Monthly Session Fib Grids and a mixed swing pivot structure. The most recent swing pivot is a high at 637.01, with the next key support at 601.42, suggesting the market is testing resistance and may be in a pause or minor pullback phase after a significant rally. The intermediate-term HiLo trend has shifted to a downtrend, hinting at some corrective action or sideways movement, while the short-term pivot trend remains up. Overall, the chart reflects a market in consolidation at elevated levels, with strong underlying support from long-term trends, but lacking immediate directional conviction in the short and intermediate term. This environment is typical of a market digesting gains, where volatility may increase as participants await a breakout or further retracement.