
QQQ PowerShares QQQ Weekly Chart Analysis: 2026-Mar-02 07:09 CT
Price Action
- Last: 607.29,
- Bars: Medium,
- Mom: Momentum slow.
WSFG Weekly
- Short-Term
- WSFG Current: NA%
- F0%/NTZ' Bias: Price Neutral,
- WSFG Trend: Neutral.
MSFG Month Mar
- 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: DTrend,
- (Intermediate-Term) 2. HiLo Trend: Neutral,
- 3. Pvt. Evolve: Pvt low 570.07,
- 4. Pvt. Next: Pvt high 636.60,
- 5. Levels R: 637.01, 636.60,
- 6. Levels S: 570.07, 524.32, 472.67, 342.35.
Weekly Benchmarks
- (Intermediate-Term) 5 Week: 612.00 Up Trend,
- (Intermediate-Term) 10 Week: 610.94 DTrend,
- (Long-Term) 20 Week: 613.86 Up Trend,
- (Long-Term) 55 Week: 577.07 Up Trend,
- (Long-Term) 100 Week: 524.32 Up Trend,
- (Long-Term) 200 Week: 430.47 Up Trend.
Overall Rating
- Short-Term: Neutral,
- Intermediate-Term: Neutral,
- Long-Term: Bullish.
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.