QQQ PowerShares QQQ Weekly Chart Analysis: 2026-Mar-31 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 price action reflecting a medium-sized bar and slow momentum, indicating a pause or potential reversal after a strong prior uptrend. Both short-term and intermediate-term swing pivot trends have turned downward, confirmed by the most recent pivot low at 552.88 and resistance levels clustered near the recent highs (636.60–637.01). The price is currently below the 5, 10, and 20-week moving averages, all of which are trending down, reinforcing the bearish tone in the short and intermediate timeframes. However, the longer-term 55, 100, and 200-week moving averages remain in uptrends, suggesting that the broader bullish structure is still intact despite the current pullback. Support levels are well-defined below, with the next significant support at 422.67, while resistance remains overhead at the recent highs. The overall structure points to a corrective phase within a larger bullish cycle, with the market consolidating after a strong rally and testing key support zones. This environment is typical of a market digesting gains, with potential for further volatility as it seeks direction.


Chart Analysis ATS AI Generated: 2026-03-31 07:08 for Informational use only, not trading advice. Terms and Risk Disclosure Copyright © 2026. Algo Trading Systems LLC.