QQQ PowerShares QQQ Weekly Chart Analysis: 2026-Aug-20 07:08 CT

Price Action

• Last: 689.00,
• 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 Neutral,
• MSFG Trend: Neutral.

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 670.14,
• 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 Down Trend,
• (Short-Term) 10 Day: 712.82 Down 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: Neutral,
• Intermediate-Term: Bullish,
• Long-Term: Bullish.

Key Insights Summary

The QQQ weekly structure remains broadly constructive for an index-futures swing framework: the intermediate pivot sequence is still in an uptrend and price is well above the rising 55-, 100-, and 200-period benchmarks. The recent recovery from the 661.14 pivot-low support has restored upside momentum, although price remains beneath the declining 5-, 10-, and 20-period benchmarks, defining a short-term countertrend consolidation zone. The 734.58 pivot high and 748.65 resistance mark the upper swing range, while 670.14 and 661.14 define the nearby downside structure. The yearly fib grid is supportive, with price holding above its 2026 neutral zone and F0% area.