QQQ PowerShares QQQ Weekly Chart Analysis: 2026-Apr-17 07:06 CT

Price Action

• Last: 641.80,
• Bars: Medium,
• Mom: Momentum average.

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: Neutral,
• 3. Pvt. Evolve: Pvt low 555.60,
• 4. Pvt. Next: Pvt high 637.01,
• 5. Levels R: 637.01, 636.60,
• 6. Levels S: 555.60, 535.26, 474.67, 413.07.

Weekly Benchmarks

• (Intermediate-Term) 5 Week: 584.88 Up Trend,
• (Intermediate-Term) 10 Week: 606.34 Up Trend,
• (Long-Term) 20 Week: 590.81 Up Trend,
• (Long-Term) 55 Week: 577.47 Up Trend,
• (Long-Term) 100 Week: 535.26 Up Trend,
• (Long-Term) 200 Week: 440.60 Up Trend.

Overall Rating

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

Key Insights Summary

The QQQ weekly chart shows a market that has recently experienced a pullback from all-time highs, with the last price at 641.80 sitting just below recent resistance levels (637.01, 636.60). The short-term swing pivot trend is down, indicating a corrective phase, while the intermediate-term HiLo trend is neutral, suggesting consolidation after a strong prior advance. All major moving averages (5, 10, 20, 55, 100, 200 week) remain in uptrends, supporting a bullish long-term structure. Key support is found at 555.60 and 535.26, with deeper levels at 474.67 and 413.07, while resistance is concentrated near the recent highs. The price is currently within the NTZ (neutral zone) of the yearly session fib grid, reflecting indecision and a lack of clear directional bias in the short and intermediate term. The overall technical landscape points to a market in consolidation after a significant rally, with long-term momentum intact but short-term direction uncertain as the market digests recent gains and tests support levels.