
QQQ PowerShares QQQ Daily Chart Analysis: 2026-Jul-07 07:06 CT
Price Action
- Last: 721.0,
- Bars: Medium,
- Mom: average.
WSFG Weekly
- Short-Term
- WSFG Current: NA%
- F0%/NTZ' Bias: Price Neutral,
- WSFG Trend: Neutral.
MSFG Month Jul
- 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 707.56,
- 4. Pvt. Next: Pvt High 735.92,
- 5. Levels R: 748.65, 745.45, 737.62,
- 6. Levels S: 707.56, 702.81, 688.37, 555.60.
Daily Benchmarks
- (Short-Term) 5 Day: 720.95 Down Trend,
- (Short-Term) 10 Day: 722.40 Down Trend,
- (Intermediate-Term) 20 Day: 721.10 Down Trend,
- (Intermediate-Term) 55 Day: 699.24 Up Trend,
- (Long-Term) 100 Day: 656.47 Up Trend,
- (Long-Term) 200 Day: 634.93 Up Trend.
Additional Metrics
- ATR: 28.42,
- VOLMA: 32709273.
Overall Rating
- Short-Term: Neutral,
- Intermediate-Term: Bullish,
- Long-Term: Bullish.
Key Insights Summary
QQQ is in a strong broader uptrend that has transitioned into a near-term consolidation after a sharp June advance and rejection near the 745 to 749 resistance band. Price remains above the 55, 100, and 200 day benchmarks, which keeps the intermediate and long-term structure constructive, while the short-term setup is softer with the pivot trend in DTrend and price trading around the 5, 10, and 20 day averages. The chart shows a sequence of impulsive rally legs followed by pullback swings, with recent action forming a lower high and a test back toward the 707 to 703 support zone after the move off the 735 area. The result is a mixed short-term tape, but the larger trend remains positive with higher-timeframe support still in place.
Chart Analysis ATS AI Generated: 2026-07-07 07:06 for Informational use only, not trading advice. Terms and Risk Disclosure Copyright © 2026. Algo Trading Systems LLC.