PrakashAnalyser
QQQ$715.91-9.68 (-1.33%) on the day+13.1% over 1 yearDaily close of Oct 29, 2026, Alpaca (IEX feed)

QQQ is moving sideways with no clear trend

+7
BearishSidewaysBullish

Why this reading

  • Price is above its 200-day average ($677.97).
  • 50-day average is above the 200-day (long-term structure is up).
  • The 50-day average is rising (+0.05%/day).
  • Price is below its 50-day average ($725.09).
  • MACD momentum is weakening and the MACD line is below zero.
  • Recent swings show lower highs and lower lows.

Price chart

Lower pane: RSI (14) with 70 and 30 marked. Arrows mark candlestick patterns.

Indicators

IndicatorValueReadingWhat it means
Moving averagesMixedNeutral20-day $731.14, 50-day $725.09, 200-day $677.97
RSI (14)44.8BearishSellers have the upper hand.
MACD (12,26,9)-1.77BearishMACD is below its signal line.
Bollinger %B0.29NeutralBands are 10.1% wide.
Volatility (ATR 14)$11.23 (1.6%)NeutralTypical daily volatility.
Volume vs 20d avg0.33×NeutralLight volume — the latest move has little participation.
52-week range77%NeutralLow $554.41, high $762.83

Key levels

  1. $746.56Resistance, 3 touches+4.3%
  2. $735.32Resistance, 2 touches+2.7%
  3. $724.98Resistance, 6 touches+1.3%
  4. $715.91Last close
  5. $700.40Support, 7 touches-2.2%
  6. $610.87Support, 5 touches-14.7%
  7. $593.38Support, 5 touches-17.1%

Recent candlestick patterns

  • Hanging ManBearish

    Hammer-shaped candle after an advance — can warn that buying pressure is fading.

  • Morning StarBullish

    Down candle, small pause candle, then a strong up candle — a three-bar reversal pattern.

  • Shooting StarBearish

    Long upper wick after an advance — buyers were rejected at higher prices.

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