QQQ PowerShares QQQ Weekly Chart Analysis: 2026-Mar-26 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 notable shift in momentum, with the most recent swing pivots and moving averages indicating a short- and intermediate-term downtrend. Price has pulled back from the recent highs near 637, with the last price at 610.44 and momentum slowing. Both the 5- and 10-week moving averages have turned down, confirming the short-term bearish tone, while the 20-week MA has also rolled over. However, the longer-term 55-, 100-, and 200-week moving averages remain in uptrends, suggesting the broader bullish structure is intact. Key resistance levels are clustered near the recent highs (637/636), while support is found at 573 and further below at 530 and 422. The market appears to be in a corrective phase within a larger uptrend, with price consolidating inside the yearly NTZ zone. This environment is characterized by choppy action and potential for further retracement or base-building before the next directional move. Swing traders should note the transition from strong bullish momentum to a corrective, range-bound structure, with the potential for volatility as the market tests support levels.


Chart Analysis ATS AI Generated: 2026-03-26 07:08 for Informational use only, not trading advice. Terms and Risk Disclosure Copyright © 2026. Algo Trading Systems LLC.