QQQ PowerShares QQQ Weekly Chart Analysis: 2026-Jan-23 07:13 CT

Price Action

• Last: 620.76,
• 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 608.49,
• 5. Levels R: 637.01, 630.00,
• 6. Levels S: 608.49, 561.58, 515.69, 472.67, 423.82, 226.19.

Weekly Benchmarks

• (Intermediate-Term) 5 Week: 620.34 Up Trend,
• (Intermediate-Term) 10 Week: 608.44 Up Trend,
• (Long-Term) 20 Week: 580.74 Up Trend,
• (Long-Term) 55 Week: 515.92 Up Trend,
• (Long-Term) 100 Week: 515.69 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 market that remains structurally strong in the long-term, with all major moving averages trending upward and price holding well above key support levels. The most recent swing pivot is a high at 637.01, with the next potential support at 608.49, indicating a possible short-term pullback or consolidation phase after a strong rally. The short-term trend remains up, but intermediate-term momentum has shifted to a downtrend, suggesting some profit-taking or rotation. Price is currently within a neutral zone on the session fib grids, reflecting a pause in directional conviction. Overall, the chart reflects a healthy uptrend with periodic corrections, typical of a mature bull market, and the structure supports continued strength unless key support levels are breached. Volatility and choppy price action may persist as the market digests recent gains and tests support.