QQQ PowerShares QQQ Weekly Chart Analysis: 2026-Jan-09 07:15 CT

Price Action

Last: 620.47,
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, 629.21,
6. Levels S: 603.21, 558.88, 511.89, 420.96.

Weekly Benchmarks

(Intermediate-Term) 5 Week: 618.43 Up Trend,
(Intermediate-Term) 10 Week: 603.21 Up Trend,
(Long-Term) 20 Week: 558.88 Up Trend,
(Long-Term) 55 Week: 511.89 Up Trend,
(Long-Term) 100 Week: 520.00 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 higher and price holding well above these 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 down, suggesting some corrective action or sideways movement. Resistance is clustered near recent highs, while multiple support levels below provide a cushion for pullbacks. The overall structure points to a market in a bullish long-term cycle, with short-term strength but some intermediate-term caution as the market digests gains. No clear breakout or breakdown is evident, and the price is currently neutral relative to the session fib grids, indicating a balanced environment between buyers and sellers at this stage.