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Downtrend Broken Resist.Archive - 3/27/2026 - 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 dropped -19.48 points, or -3.35%, and closed at 562.58 on Friday, March 27, 2026. Weekly volume was 37% 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 637.01 on October 29, 2025. QQQ gained -382.75 points, or -150.53%, in 158 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 466.72 and resistance is at 671.57. 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 downtrend had started on October 29, 2025 at 637.01 and reached 561.57 on March 27, 2026. QQQ lost 75.44 points, or 11.84%, in 21 weeks. Price is near the trend low.
Weekly Technical Indicators: [See QQQ weekly technical indicators chart] Weekly Williams' Percentage Range is oversold. Use the Technical Stock Screener to see the list of stocks with weekly oversold Williams' Percentage Range. 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 link to access Williams' Percentage Range help. The weekly MACD line is below its signal line since November 14, 2025. This is an indication that the medium-term trend is down. 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 March 10, 2026 at 613.29 and reached 561.57 on March 27, 2026. QQQ lost 51.72 points, or 8.43%, in 17 days. The chart has formed a Broadening Descending Wedge chart pattern. The price is near the trend support (564.51) line. The support is usually stronger when technical indicators are oversold. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with price testing the trend support line in a short-term trend.
Daily Technical Indicators: [See QQQ daily technical indicators chart] Daily Williams' Percentage Range and Lane's Stochastic are oversold. Use the Technical Stock Screener to see the list of stocks with daily oversold Williams' Percentage Range and Lane's Stochastic. Use the following link to access Lane's Stochastic help. The daily MACD line is below its signal line since March 11, 2026. This is an indication that the short-term trend is down. The price has closed on Friday below the lower Bollinger Band. It is considered a bearish signal. The Bollinger Bands are often used with a non-oscillator indicator like chart patterns or a trendline. The signals are considered more reliable if these indicators confirm the recommendation of the Bollinger Bands. Use the following links to access the Bollinger Bands Help, or use the Technical Stock Screener to see the list of stocks with the price above the Upper Bollinger Band or below the Lower Bollinger Band.
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