
QQQ PowerShares QQQ Weekly Chart Analysis: 2026-Oct-06 07:08 CT
Price Action
- Last: 756.92,
- Bars: Medium,
- Mom: Fast.
WSFG Weekly
- Short-Term
- WSFG Current: NA%
- F0%/NTZ' Bias: Price Above NTZ,
- WSFG Trend: Uptrend.
MSFG Month Oct
- Intermediate-Term
- MSFG Current: NA%
- F0%/NTZ' Bias: Price Above NTZ,
- MSFG Trend: Uptrend.
YSFG Year 2026
- Long-Term
- YSFG Current: NA%
- F0%/NTZ' Bias: Price Above NTZ,
- YSFG Trend: Uptrend.
Swing Pivots
- (Short-Term) 1. Pvt. Trend: UTrend,
- (Intermediate-Term) 2. HiLo Trend: UTrend,
- 3. Pvt. Evolve: Pvt high 756.92,
- 4. Pvt. Next: Pvt low 704.88,
- 5. Levels R: 756.92,
- 6. Levels S: 661.14, 555.60, 422.67, 413.07, 342.35.
Weekly Benchmarks
- (Short-Term) 5 Day: 729.84 Up Trend,
- (Short-Term) 10 Day: 722.13 Up Trend,
- (Intermediate-Term) 20 Day: 718.42 Up Trend,
- (Intermediate-Term) 55 Day: 658.21 Up Trend,
- (Long-Term) 100 Day: 594.30 Up Trend,
- (Long-Term) 200 Day: 493.09 Up Trend.
Overall Rating
- Short-Term: Bullish,
- Intermediate-Term: Bullish,
- Long-Term: Bullish.
Key Insights Summary
QQQ reflects a strong futures-style directional advance, with price extending to a new pivot high at 756.92 while all weekly benchmarks remain aligned upward. The short-term structure is accelerated and momentum is fast, leaving 704.88 as the next pivot-reversal reference and 661.14 as the first major swing-support zone. The intermediate and long-term picture remains constructive: higher pivot lows, price well above the yearly NTZ, and rising 20-, 55-, 100-, and 200-period benchmarks confirm broad trend continuation rather than a completed distribution pattern. The current condition is extended above the moving-average cluster, indicating an energetic upside leg with potential for normal consolidation or retracement within the prevailing uptrend.
Chart Analysis ATS AI Generated: 2026-10-06 07:08 for Informational use only, not trading advice. Terms and Risk Disclosure Copyright © 2026. Algo Trading Systems LLC.