QQQ PowerShares QQQ Weekly Chart Analysis: 2026-Mar-13 07:08 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 multi-year uptrend, with price currently pulling back from recent highs near 637. The short-term swing pivot trend has shifted to down, confirmed by the 5- and 10-week moving averages rolling over and price trading below these benchmarks. Momentum is slow, and the bars are medium-sized, indicating a pause or digestion phase rather than aggressive selling. Intermediate-term trends are neutral, with price holding above key support at 582 and 560, but not yet reclaiming resistance at 637. Long-term structure remains bullish, as the 55-, 100-, and 200-week moving averages are all trending higher, and price is well above these levels. The market is currently testing a key support zone, and the next major move will likely be determined by whether this support holds or if a deeper retracement develops. No clear breakout or breakdown is present, and the overall environment is one of consolidation within a larger bullish context.


Chart Analysis ATS AI Generated: 2026-03-13 07:08 for Informational use only, not trading advice. Terms and Risk Disclosure Copyright © 2026. Algo Trading Systems LLC.