
QQQ PowerShares QQQ Weekly 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 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 734.58,
- 4. Pvt. Next: Pvt low 670.74,
- 5. Levels R: 748.65, 734.58,
- 6. Levels S: 661.14, 555.60, 422.67, 413.07, 342.35.
Weekly Benchmarks
- (Short-Term) 5 Day: 704.30 Up Trend,
- (Short-Term) 10 Day: 712.82 Up Trend,
- (Intermediate-Term) 20 Day: 694.61 Up Trend,
- (Intermediate-Term) 55 Day: 638.41 Up Trend,
- (Long-Term) 100 Day: 577.78 Up Trend,
- (Long-Term) 200 Day: 477.56 Up Trend.
Overall Rating
- Short-Term: Bullish,
- Intermediate-Term: Bullish,
- Long-Term: Bullish.
Key Insights Summary
QQQ remains in a broad weekly uptrend, with price holding above every benchmark average and trading materially above the 2026 yearly NTZ/F0% area. The current swing sequence has recovered from the 670.74 pivot low and is pressing the 734.58 pivot-high area beneath 748.65 resistance. Momentum is fast and the moving-average structure is positively aligned, while the elevated distance above the 20-, 55-, and long-term benchmarks reflects a strong but extended upside leg. From a futures swing-trader perspective, the dominant structure is continuation-oriented until the pivot sequence changes; 734.58 and 748.65 define the immediate overhead test zone, while 670.74 and 661.14 identify the nearest meaningful weekly retracement structure.
Chart Analysis ATS AI Generated: 2026-08-18 07:08 for Informational use only, not trading advice. Terms and Risk Disclosure Copyright © 2026. Algo Trading Systems LLC.