QQQ PowerShares QQQ Daily Chart Analysis: 2026-Aug-28 07:08 CT

Price Action

• Last: 720.00,
• Bars: Small,
• Mom: Slow.

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 Above NTZ,
• 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: UTrend,
• (Intermediate-Term) 2. HiLo Trend: UTrend,
• 3. Pvt. Evolve: Pvt high 720.35,
• 4. Pvt. Next: Pvt low 707.61,
• 5. Levels R: 748.65, 745.45, 737.62, 734.58, 721.35,
• 6. Levels S: 702.70, 661.14, 555.60, 551.68, 523.85.

Daily Benchmarks

• (Short-Term) 5 Day: 710.56 Up Trend,
• (Short-Term) 10 Day: 717.94 Up Trend,
• (Intermediate-Term) 20 Day: 714.84 Down Trend,
• (Intermediate-Term) 55 Day: 707.03 Up Trend,
• (Long-Term) 100 Day: 698.67 Up Trend,
• (Long-Term) 200 Day: 654.15 Up Trend.

Additional Metrics

• ATR: 28.67,
• VOLMA: 32709273.

Overall Rating

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

Key Insights Summary

QQQ, a useful directional proxy for Nasdaq futures swing conditions, remains in a broader bullish structure: price is above the rising 55, 100, and 200-day benchmarks, while the intermediate HiLo pivot trend remains UTrend. The late-August recovery from the 661.14 pivot low produced higher lows and returned price above the August MSFG range. Short-term action is consolidating near 720 after rejection beneath the 721.35 resistance area, with small candles and slowing momentum indicating compression rather than impulsive continuation. The active pivot-high evolution identifies 720.35 as the near-term decision area; 707.61 is the opposite-pivot reversal reference, while 702.70 is the principal nearby support. Higher resistance is layered at 734.58, 737.62, 745.45, and 748.65. ATR at 28.67 reflects meaningful daily range potential despite recently lighter volume participation.