
QQQ PowerShares QQQ Daily Chart Analysis: 2026-Aug-17 07:07 CT
Price Action
- Last: 733.00,
- Bars: Medium,
- Mom: fast.
WSFG Weekly
- Short-Term
- WSFG Current: NA%
- F0%/NTZ' Bias: Price Bullish,
- WSFG Trend: Bullish.
MSFG Month Aug
- Intermediate-Term
- MSFG Current: NA%
- F0%/NTZ' Bias: Price Bullish,
- MSFG Trend: Bullish.
YSFG Year 2026
- Long-Term
- YSFG Current: NA%
- F0%/NTZ' Bias: Price Bullish,
- YSFG Trend: Bullish.
Swing Pivots
- (Short-Term) 1. Pvt. Trend: UTrend,
- (Intermediate-Term) 2. HiLo Trend: UTrend,
- 3. Pvt. Evolve: Pvt high 734.39,
- 4. Pvt. Next: Pvt low 710.93,
- 5. Levels R: 746.65, 745.45, 737.62, 734.39,
- 6. Levels S: 684.14, 655.60, 551.68, 523.65, 511.93.
Daily Benchmarks
- (Short-Term) 5 Day: 723.62 Up Trend,
- (Short-Term) 10 Day: 716.20 Up Trend,
- (Intermediate-Term) 20 Day: 702.34 Up Trend,
- (Intermediate-Term) 55 Day: 704.50 Up Trend,
- (Long-Term) 100 Day: 686.41 Up Trend,
- (Long-Term) 200 Day: 650.11 Up Trend.
Additional Metrics
- ATR: 6.00,
- VOLMA: 32709273.
Overall Rating
- Short-Term: Bullish,
- Intermediate-Term: Bullish,
- Long-Term: Bullish.
Key Insights Summary
QQ Q futures-equivalent price structure is in a broad bullish continuation phase: price has rebounded sharply from the late-July 661.14 swing low and is holding above every daily benchmark. The latest advance has restored the short-term UTrend and intermediate HiLo UTrend, with 734.39 to 737.62 forming the immediate overhead pivot-resistance zone and 745.45 to 746.65 marking the prior high-area supply zone. The August monthly grid remains below price near the 685 to 693 region, making it a completed recovery area rather than current overhead congestion. A pullback toward the rising 5-day and 10-day averages at 723.62 and 716.20 would remain consistent with the current higher-low sequence, while 710.93 is the active pivot reversal threshold. Volume is moderating during the rebound and ATR near 6.00 reflects contained daily range expansion relative to the earlier July decline.
Chart Analysis ATS AI Generated: 2026-08-17 07:07 for Informational use only, not trading advice. Terms and Risk Disclosure Copyright © 2026. Algo Trading Systems LLC.