QQQ PowerShares QQQ Weekly Chart Analysis: 2026-Jan-21 07:15 CT

Price Action

Last: 608.05,
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 561.58,
5. Levels R: 637.01, 630.00,
6. Levels S: 561.58, 515.69, 472.67, 423.82, 226.19.

Weekly Benchmarks

(Intermediate-Term) 5 Week: 620.30 Up Trend,
(Intermediate-Term) 10 Week: 615.92 Up Trend,
(Long-Term) 20 Week: 580.44 Up Trend,
(Long-Term) 55 Week: 515.69 Up Trend,
(Long-Term) 100 Week: 515.92 Up Trend,
(Long-Term) 200 Week: 423.82 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 well above these benchmarks. The most recent swing pivot is a high at 637.01, with the next key support at 561.58, indicating a wide range for potential retracement or consolidation. Short-term momentum remains positive, supported by an uptrend in the short-term swing pivot, while the intermediate-term HiLo trend has shifted to a downtrend, suggesting some corrective action or consolidation after a strong rally. The price is currently in a neutral zone relative to the yearly and monthly session fib grids, reflecting a pause or digestion phase after recent gains. Resistance is clustered near recent highs, while multiple support levels below provide a cushion for any pullbacks. Overall, the structure favors a bullish long-term outlook, with short-term strength and intermediate-term caution as the market digests prior advances.