QQQ PowerShares QQQ Weekly Chart Analysis: 2026-Mar-05 07:09 CT

Price Action

• Last: 610.75,
• Bars: Medium,
• Mom: Momentum average.

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: DTrend,
• 3. Pvt. Evolve: Pvt low 571.40,
• 4. Pvt. Next: Pvt high 636.60,
• 5. Levels R: 637.01, 636.60,
• 6. Levels S: 571.40, 510.74, 472.67, 413.07, 342.35.

Weekly Benchmarks

• (Intermediate-Term) 5 Week: 600.04 Down Trend,
• (Intermediate-Term) 10 Week: 615.72 Down Trend,
• (Long-Term) 20 Week: 614.57 Down Trend,
• (Long-Term) 55 Week: 525.95 Up Trend,
• (Long-Term) 100 Week: 476.94 Up Trend,
• (Long-Term) 200 Week: 431.94 Up Trend.

Overall Rating

• Short-Term: Bearish,
• Intermediate-Term: Bearish,
• Long-Term: Bullish.

Key Insights Summary

The QQQ weekly chart reveals a market in transition. Price action has recently pulled back from all-time highs near 637, with the last price at 610.75 and medium-sized bars reflecting average momentum. Both short-term and intermediate-term swing pivot trends have shifted to downtrends, confirmed by the most recent pivot low at 571.40 and resistance clustered at the 636–637 zone. The 5, 10, and 20-week moving averages are all trending down, reinforcing the current corrective phase. However, the longer-term 55, 100, and 200-week moving averages remain in solid uptrends, indicating that the broader bullish structure is intact. Support levels are layered below, with the nearest at 571.40 and deeper levels at 510.74 and 472.67, suggesting areas where buyers previously stepped in. The neutral stance of the Fib Grid trends across all timeframes highlights a consolidation or digestion phase after a strong rally. For swing traders, this environment is characterized by corrective action within a larger uptrend, with the potential for further pullbacks or range-bound trading before a new directional move emerges.