QQQ PowerShares QQQ Weekly Chart Analysis: 2026-Aug-11 07:08 CT

Price Action

• Last: 728.54,
• Bars: Medium,
• Mom: fast.

WSFG Weekly

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

MSFG Month Aug

• Intermediate-Term
• MSFG Current: NA%
• F0%/NTZ' Bias: Price Above NTZ,
• MSFG Trend: Bullish.

YSFG Year 2026

• Long-Term
• YSFG Current: NA%
• F0%/NTZ' Bias: Price Above NTZ,
• YSFG Trend: Bullish.

Swing Pivots

• (Short-Term) 1. Pvt. Trend: UTrend,
• (Intermediate-Term) 2. HiLo Trend: UTrend,
• 3. Pvt. Evolve: Pvt high 728.54,
• 4. Pvt. Next: Pvt low 664.18,
• 5. Levels R: 748.65, 728.54,
• 6. Levels S: 661.14, 555.60, 522.67, 413.07, 342.35.

Weekly Benchmarks

• (Short-Term) 5 Day: 703.22 Up Trend,
• (Short-Term) 10 Day: 710.22 Up Trend,
• (Intermediate-Term) 20 Day: 686.19 Up Trend,
• (Intermediate-Term) 55 Day: 634.98 Up Trend,
• (Long-Term) 100 Day: 575.23 Up Trend,
• (Long-Term) 200 Day: 475.72 Up Trend.

Overall Rating

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

Key Insights Summary

QQQ displays a strong weekly impulse recovery from the April pivot low near 555.60, restoring the established higher-high and higher-low structure. For a futures swing-trader lens, the comparable Nasdaq index-futures structure remains trend-positive while price holds above the 20-week benchmark at 686.19 and the 661.14 pivot-support area. The market is pressing the 728.54 pivot high beneath major 748.65 resistance, creating a high-momentum test of the prior peak rather than a confirmed breakout. The broad moving-average alignment is decisively positive, with all six benchmarks rising and stacked below price; this supports the bullish intermediate and long-term trend cycle despite the near-term extension into overhead resistance.