QQQ PowerShares QQQ Weekly Chart Analysis: 2026-Apr-02 07:07 CT

Price Action

• Last: 564.31,
• Bars: Medium,
• Mom: Momentum slow.

WSFG Weekly

• Short-Term
• WSFG Current: NA%
• F0%/NTZ' Bias: Price Neutral,
• WSFG Trend: Neutral.

MSFG Month Apr

• 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 564.31,
• 4. Pvt. Next: Pvt high 636.60,
• 5. Levels R: 637.01, 636.60,
• 6. Levels S: 564.31, 542.35, 513.07, 422.67, 413.07, 259.73.

Weekly Benchmarks

• (Intermediate-Term) 5 Week: 580.08 Down Trend,
• (Intermediate-Term) 10 Week: 608.44 Down Trend,
• (Long-Term) 20 Week: 608.48 Down Trend,
• (Long-Term) 55 Week: 571.11 Up Trend,
• (Long-Term) 100 Week: 534.09 Up Trend,
• (Long-Term) 200 Week: 437.59 Up Trend.

Overall Rating

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

Key Insights Summary

The QQQ weekly chart reveals a notable shift in momentum, with price action currently in a corrective phase after a strong multi-year uptrend. The most recent swing pivot is a low at 564.31, following a significant pullback from the highs near 637. Resistance is clearly defined at 637.01 and 636.60, while support levels are layered below, with the nearest at 564.31 and further down at 542.35 and 513.07. All short- and intermediate-term moving averages (5, 10, and 20 week) are trending down, confirming the current bearish momentum in these timeframes. However, the longer-term 55, 100, and 200 week moving averages remain in uptrends, indicating that the broader bullish structure is still intact. The Fib Grid zones and NTZ bias are neutral, suggesting a period of consolidation or indecision. For a futures swing trader, this environment signals a market in transition—short- and intermediate-term trends are under pressure, but the long-term uptrend has not been decisively broken. Volatility and choppy price action may persist as the market tests key support levels and digests recent gains.