The PowerShares QQQ, previously known as the QQQQ, is a widely held and traded exchange-traded fund (ETF) that gives investors and traders a snapshot of how some of the largest technology companies are trading stocks. The QQQ is heavily weighted toward large technology companies trading on the Nasdaq stock market, with over 50% allocated in the information technology sector.
QQQ Options are weekly expiration in increments of $1.00 and alerted weekly in the 32Trades chat room.
2020 Range: (164.25 – 314.69)
2020 Close: 313.74
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Weekly Chart
Daily Chart
5 Day Chart
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Pivot Points
(updated weekly after Friday’s close)
| Support/Resistance Levels | Price | Key Turning Points |
|---|---|---|
| 14 Day RSI at 80% | 327.11 | |
| 14 Day RSI at 70% | 314.96 | |
| 13-Week High | 314.68 | |
| 52-Week High | 314.68 | |
| 1-Month High | 314.68 | |
| Last | 313.74 | Last |
| 308.35 | 38.2% Retracement From 4 Week High | |
| 306.39 | 50% Retracement From 4 Week High/Low | |
| 305.24 | 14 Day RSI at 50% | |
| 304.43 | 38.2% Retracement From 4 Week Low | |
| 1-Month Low | 298.09 | |
| 296.46 | 38.2% Retracement From 13 Week High | |
| 290.83 | 50% Retracement From 13 Week High/Low | |
| 285.20 | 38.2% Retracement From 13 Week Low | |
| 14 Day RSI at 30% | 284.18 | |
| 13-Week Low | 266.97 | |
| 14 Day RSI at 20% | 257.85 | |
| 257.48 | 38.2% Retracement From 52 Week High | |
| 239.81 | 50% Retracement From 52 Week High/Low | |
| 222.14 | 38.2% Retracement From 52 Week Low | |
| 52-Week Low | 164.93 |
