QQQ PowerShares QQQ Weekly Chart Analysis: 2026-Mar-02 07:09 CT

Price Action

WSFG Weekly

MSFG Month Mar

YSFG Year 2026

Swing Pivots

Weekly Benchmarks

Overall Rating

Key Insights Summary

The QQQ weekly chart shows a market in consolidation after a strong rally, with price currently trading just below recent swing highs and above a key swing low at 570.07. Momentum has slowed, and the bars are of medium size, indicating a pause or digestion phase. The short-term and intermediate-term trends are neutral, as reflected by the WSFG and MSFG, and confirmed by the swing pivot summary. The long-term trend remains bullish, supported by all major moving averages (20, 55, 100, 200 week) trending upward and well below current price, providing a strong underlying support structure. Resistance is clustered near the recent highs (636.60–637.01), while support is layered at 570.07 and further below at 524.32 and 472.67. The market appears to be in a holding pattern, with no clear directional bias in the short or intermediate term, but the long-term uptrend remains intact. This environment is typical of a consolidation phase following a significant advance, where the market is likely digesting gains and awaiting new catalysts.


Chart Analysis ATS AI Generated: 2026-03-02 07:09 for Informational use only, not trading advice. Terms and Risk Disclosure Copyright © 2026. Algo Trading Systems LLC.