QQQ PowerShares QQQ Weekly Chart Analysis: 2026-Jul-07 07:06 CT

Price Action

Last: 717.23,
Bars: Large,
Mom: Fast.

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: UTrend,
3. Pvt. Evolve: Pvt Low 688.37,
4. Pvt. Next: Pvt High 748.59,
5. Levels R: 748.65,
6. Levels S: 688.37, 555.60, 422.67, 413.07, 342.35.

Weekly Benchmarks

(Short-Term) 5 Day: 717.23 Down Trend,
(Short-Term) 10 Day: 713.63 Down Trend,
(Intermediate-Term) 20 Day: 659.96 Up Trend,
(Intermediate-Term) 55 Day: 621.39 Up Trend,
(Long-Term) 100 Day: 563.37 Up Trend,
(Long-Term) 200 Day: 484.67 Up Trend.

Overall Rating

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

Key Insights Summary

QQQ is holding a powerful multi-year weekly uptrend with price trading well above the 20, 55, 100, and 200 day benchmarks, confirming the dominant long-term bullish structure. The current weekly state is more mixed at the short end, with the pivot trend still marked DTrend while the broader HiLo pivot structure remains UTrend, reflecting a pullback-and-recover sequence rather than a full trend break. Price is pressing near the upper end of the 2026 yearly NTZ zone and sitting close to the prior swing high resistance area around 748.65, which makes this a mature advance with elevated overhead reference points. The chart shows a strong rally phase followed by a sharp retracement and then a vigorous rebound back toward prior highs, consistent with a higher-low continuation pattern inside a larger uptrend. The 5 and 10 day benchmarks are below price behavior and flagged down, but the higher-timeframe averages remain firmly rising, keeping the intermediate and long-term backdrop constructive.