US stock / ETF

Invesco QQQ Trust, Series 1

QQQ · NASDAQ · USD

1 weekRange50%
Weekly Range probability 100%Range

QQQ 1W chart

EMA21EMA50Bollinger
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Market View

Market Shift

Weekly: EMA8/21/50 are in bullish alignment

Confirmation Trigger

Break either side of $555.6 - $762.86 with volume.

Invalidation Trigger

A trend close outside the ATR band changes the range thesis.

Market Context

Trend PhaseBullish
Constructive Trend

Price is below EMA21

Weekly
Momentum StateBearish
Momentum soft

RSI 50.7, MACD -4.138

Weekly
Volatility EnvironmentRange
Medium volatility

ATR is $25.56 (3.62%)

Weekly

EMA Structure

Bullish
EMA 8$723.1Bearish
EMA 21$711.31Bearish
EMA 50$671.31Bullish

Signals

CategoryReadStrength
Momentum
RSI 50.7 · MACD -4.138

Neutral zone

Strength
Bearish
Volatility
ATR $25.56 · BB 10.08%

Medium volatility

Strength
Range
Volume
MFI 34.1 · OBV 24.09%

Relative to 20-period average volume

Strength
Range
Price Levels
$555.6 - $762.86

Support/Resistance Distance

Strength
Bullish

Key Levels

Upper risk zone

+11.75% · 3.2 ATR above latest close

$788.42
Nearest resistance

+8.13% · 2.2 ATR above · 34-bar high

$762.86
Current price

Price shown is delayed

$705.5
Nearest support

-21.25% · 5.9 ATR below · 34-bar low

$555.6
Deeper support zone

-24.87% · 6.9 ATR below latest close

$530.04
ATR zone

Latest close ± ATR14

$679.94 - $731.06

Indicators

Trend

Dow Theory Structure

Confirmation $762.86, invalidation $700

uptrend · HH/HLBullish
ADX / +DI / -DI (14)

Trend strength is moderate

12.7 / 22.3 / 23.8Bearish
Supertrend (10,3)

Price is above Supertrend

$644.43Bullish
Ichimoku Cloud

Cloud Span A / Span B

$719.88 / $659.23Bearish
Donchian Channel (20)

20-period breakout channel position

44%Bullish

Volatility

ATR (14)

Medium volatility

$25.56 (3.62%)Range
Bollinger Bands (20,2)

Width 10.08%

32%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$759.42 / $665.8Range
ATR channel lower / upper

Current Volatility Envelope

$679.94 / $731.06Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$762.86Range
Support

Nearest Downside Decision Level

$555.6Range

Momentum

RSI (14)

Neutral zone

50.7Range
MACD (12,26,9)

Histogram is negative

-4.138Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

43.6 / 60.0Bearish
Williams %R (14)

Neutral zone

-56.4Range
CCI (20)

Balanced zone

-39.7Range
TD Sequential

Setup is not extreme

buy 2Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

34.1Bearish
OBV slope

20-period OBV slope

24.09%Bullish
Volume ratio

Relative to 20-period average volume

0.88xBearish

Trend

Dow Theory Structure

Confirmation $762.86, invalidation $700

uptrend · HH/HLBullish
ADX / +DI / -DI (14)

Trend strength is moderate

12.7 / 22.3 / 23.8Bearish
Supertrend (10,3)

Price is above Supertrend

$644.43Bullish
Ichimoku Cloud

Cloud Span A / Span B

$719.88 / $659.23Bearish
Donchian Channel (20)

20-period breakout channel position

44%Bullish

Momentum

RSI (14)

Neutral zone

50.7Range
MACD (12,26,9)

Histogram is negative

-4.138Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

43.6 / 60.0Bearish
Williams %R (14)

Neutral zone

-56.4Range
CCI (20)

Balanced zone

-39.7Range
TD Sequential

Setup is not extreme

buy 2Bullish

Volatility

ATR (14)

Medium volatility

$25.56 (3.62%)Range
Bollinger Bands (20,2)

Width 10.08%

32%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$759.42 / $665.8Range
ATR channel lower / upper

Current Volatility Envelope

$679.94 / $731.06Range

Volume / Money Flow

MFI (14)

Money flow is weak

34.1Bearish
OBV slope

20-period OBV slope

24.09%Bullish
Volume ratio

Relative to 20-period average volume

0.88xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$762.86Range
Support

Nearest Downside Decision Level

$555.6Range

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