QQQ PowerShares QQQ Weekly Chart Analysis: 2026-Aug-19 07:08 CT

Price Action

• Last: 724.14,
• Bars: Medium,
• Mom: Average.

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 734.58,
• 4. Pvt. Next: Pvt low 670.26,
• 5. Levels R: 748.65, 734.58,
• 6. Levels S: 661.14, 555.60, 522.67, 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: 477.58 Up Trend.

Overall Rating

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

Key Insights Summary

QQQ remains in a broad weekly markup structure, with price above every benchmark average and the averages aligned positively from 5 through 200 periods. The short-term swing structure is an UTrend, while the intermediate HiLo structure also remains an UTrend. Recent action reflects a rebound from the 670.26 pivot-low area toward 734.58 resistance, with 748.65 defining the higher weekly resistance reference. From a futures swing-trader perspective, the dominant condition is bullish continuation, although the current recovery is occurring beneath the prior high resistance band and retains a consolidation character until that zone is resolved. The 694.61 20-period benchmark and 661.14 support identify the nearer structural support zone, while the 638.41 55-period average remains the more significant intermediate trend reference.