QQQ PowerShares QQQ Daily Chart Analysis: 2026-Aug-18 07:07 CT

Price Action

Last: 734.58,
Bars: Medium,
Mom: Fast.

WSFG Weekly

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

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 Neutral,
YSFG Trend: Neutral.

Swing Pivots

(Short-Term) 1. Pvt. Trend: UTrend,
(Intermediate-Term) 2. HiLo Trend: UTrend,
3. Pvt. Evolve: Pvt high 734.58,
4. Pvt. Next: Pvt low 712.52,
5. Levels R: 748.65, 745.45, 737.62, 734.58,
6. Levels S: 685.14, 655.60, 551.68, 523.65, 511.93.

Daily Benchmarks

(Short-Term) 5 Day: 725.23 Up Trend,
(Short-Term) 10 Day: 720.50 Up Trend,
(Intermediate-Term) 20 Day: 704.43 Up Trend,
(Intermediate-Term) 55 Day: 705.44 Up Trend,
(Long-Term) 100 Day: 687.91 Up Trend,
(Long-Term) 200 Day: 650.02 Up Trend.

Additional Metrics

ATR: 733,
VOLMA: 32709273.

Overall Rating

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

Key Insights Summary

QQQ’s futures-equivalent swing structure is broadly constructive: the sharp August V-recovery has restored the short-term pivot sequence to UTrend and pushed price above every benchmark average. Price is pressing the 734.58 pivot high beneath clustered resistance at 737.62, 745.45, and 748.65, creating a momentum-driven test of the prior June peak zone. The August monthly grid has been reclaimed from above its NTZ/F0% region, while the 20-day and 55-day averages are rising near 704-705 and define the intermediate trend recovery. The 712.52 next-pivot level is the key near-term structural reference; a rotation beneath it would shift the current fast advance into a deeper retracement phase. Volume has moderated during the final push, indicating a less expansive participation profile than the early-August recovery surge, while the long-term trend remains supported by strongly rising 100-day and 200-day benchmarks.