QQQ PowerShares QQQ Daily Chart Analysis: 2026-Jan-08 07:14 CT

Price Action

Last: 624.12,
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,
(Intermediate-Term) 2. HiLo Trend: UTrend,
3. Pvt. Evolve: Pvt High 624.12,
4. Pvt. Next: Pvt Low 610.15,
5. Levels R: 637.01, 629.21, 625.52,
6. Levels S: 610.15, 600.87, 580.74, 568.84, 558.84, 554.55.

Daily Benchmarks

(Short-Term) 5 Day: 617.65 Up Trend,
(Short-Term) 10 Day: 610.83 Up Trend,
(Intermediate-Term) 20 Day: 611.16 Up Trend,
(Intermediate-Term) 55 Day: 603.46 Up Trend,
(Long-Term) 100 Day: 599.90 Up Trend,
(Long-Term) 200 Day: 559.90 Up Trend.

Additional Metrics

ATR:733,
VOLMA:32709273.

Overall Rating

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

Key Insights Summary

The QQQ daily chart shows a strong bullish structure across all timeframes, with price recently making a new swing high at 624.12. All benchmark moving averages from short to long-term are in uptrends, confirming broad market strength. The current swing pivot trend is up, with the next key support at 610.15 and resistance at 629.21 and 637.01. Price is trading above all major moving averages, and the ATR indicates moderate volatility, while volume remains steady. The market has shown a series of higher lows and higher highs, with recent price action breaking out of the December consolidation range. No clear overbought or reversal signals are present, and the neutral bias on the session fib grids suggests the market is not extended. The overall environment favors continuation of the prevailing uptrend, with the potential for further tests of resistance levels if momentum persists.