QQQ PowerShares QQQ Daily Chart Analysis: 2026-Aug-21 07:07 CT

Price Action

• Last: 708.52,
• 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: UTrend.

YSFG Year 2026

• Long-Term
• YSFG Current: NA%
• F0%/NTZ' Bias: Price Neutral,
• YSFG Trend: Neutral.

Swing Pivots

• (Short-Term) 1. Pvt. Trend: DTrend,
• (Intermediate-Term) 2. HiLo Trend: UTrend,
• 3. Pvt. Evolve: Pvt low 708.52,
• 4. Pvt. Next: Pvt high 725.90,
• 5. Levels R: 748.65, 745.45, 737.62, 734.58,
• 6. Levels S: 708.52, 681.14, 555.60, 551.68, 523.65.

Daily Benchmarks

• (Short-Term) 5 Day: 725.32 Up Trend,
• (Short-Term) 10 Day: 722.73 Down Trend,
• (Intermediate-Term) 20 Day: 708.78 Up Trend,
• (Intermediate-Term) 55 Day: 707.05 Up Trend,
• (Long-Term) 100 Day: 681.82 Up Trend,
• (Long-Term) 200 Day: 651.96 Up Trend.

Additional Metrics

• ATR: 6.00,
• VOLMA: 29000000.

Overall Rating

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

Key Insights Summary

QQQ has transitioned into a short-term downswing from the August 734.58 pivot-resistance area, producing lower highs and a fast retracement into the 708.52 pivot-low area. Futures swing structure is bearish in the near term, with price below the 5-day and 10-day benchmarks, while the intermediate and long-term structure remains constructive above the rising 55-day, 100-day, and 200-day averages. The 708.52 area is the immediate pivot reference; 725.90 is the next upside pivot threshold, followed by clustered resistance from 734.58 through 748.65. The August MSFG is below current price, indicating the broader monthly structure remains positive despite the current countertrend decline.