QQQ PowerShares QQQ Weekly Chart Analysis: 2026-Jan-06 07:16 CT

Price Action

Last: 617.99,
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 603.21,
5. Levels R: 637.01,
6. Levels S: 603.21, 558.88, 511.89, 420.96.

Weekly Benchmarks

(Intermediate-Term) 5 Week: 618.63 Up Trend,
(Intermediate-Term) 10 Week: 611.01 Up Trend,
(Long-Term) 20 Week: 603.21 Up Trend,
(Long-Term) 55 Week: 558.88 Up Trend,
(Long-Term) 100 Week: 511.89 Up Trend,
(Long-Term) 200 Week: 420.96 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 upward and price holding above these key benchmarks. The most recent swing pivot is a high at 637.01, with the next key support at 603.21, indicating a potential consolidation phase after a significant rally. Short-term momentum remains positive, supported by the uptrend in the 5 and 10 week moving averages, while the intermediate-term HiLo trend has shifted to a downtrend, suggesting some corrective action or sideways movement. The price is currently within a neutral zone on the session fib grids, reflecting a pause in directional conviction. Overall, the structure points to a market that is digesting gains after a strong advance, with higher lows and resilient support levels, but also facing resistance near recent highs. Volatility may persist as the market tests these levels, with the broader trend still favoring the bulls on longer timeframes.