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Archive - 8/22/2025 - Sign In to see current Signals. |
NASDAQ 100 Trust Shares (QQQ) Technical Analysis
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| Summary:
| | Weekly : | | Daily :   Move cursor over the icon to see details.
| | It was the negative week for the NASDAQ 100 Trust Shares (QQQ). During the week, the QQQ gave back -5.37 points, or -0.93%, and closed at 571.97 on Friday, August 22, 2025. Weekly volume was 33% above average.
Long-term trend: [See QQQ long-term trend chart] A long-term uptrend had started on October 13, 2022 at 254.26 and reached 583.32 on August 13, 2025. QQQ gained -329.06 points, or -129.42%, in 147 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 431.85 and resistance is at 589.95. A Broadening Ascending Wedge pattern is considered to be a reversal formation. It usually appears in a mature trend, characterized by overbought/oversold long-term and short-term indicators, and often generates divergence on long-term indicators. Use the following link to access a Broadening Ascending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Ascending Wedge pattern in a long-term trend.
Medium-term trend: [See QQQ medium-term trend chart] A medium-term uptrend had started on April 7, 2025 at 402.40 and reached 583.32 on August 13, 2025. QQQ gained -180.92 points, or -44.96%, in 18 weeks. The price is now at the 6.27% retracement level.
Weekly Technical Indicators: [See QQQ weekly technical indicators chart] Weekly Williams' Percentage Range and Lane's Stochastic are overbought. Use the Technical Stock Screener to see the list of stocks with overbought weekly Williams' Percentage Range and Lane's Stochastic. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following links to access Lane's Stochastic and Williams' Percentage Range help. The weekly MACD line is above its signal line since May 16, 2025. This is an indication that the medium-term trend is up. Use the following link to access a MACD help.
Short-term trend: [See QQQ short-term trend chart] A short-term downtrend had started on August 13, 2025 at 583.32 and reached 558.84 on August 20, 2025. QQQ lost 24.48 points, or 4.20%, in 7 days. The price is now at the 53.64% retracement level.
Daily Technical Indicators: [See QQQ daily technical indicators chart] Daily technical indicators are neutral. During the last week, daily Lane's Stochastic signal line (%D) has moved below overbought area. Such crossover is considered a bearish signal. During the last week, daily MACD line has moved below its signal line. Such crossover is considered a bearish signal. During the last week, the price has fallen below the Parabolic SAR (stop and reversal). A Parabolic SAR above the price is a bearish signal, and it indicates that momentum is likely to remain in the downward direction. A Parabolic SAR is used as a trailing stop loss for long or short positions. It works best during strong trending periods. Use the following links to access Parabolic SAR Help, or use the Technical Stock Screener to see the list of stocks with the Parabolic SAR close to the price level.
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