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
Get the QQQ Monthly and LEAP Options Trade Forecast view by clicking here
Pivot Points
(updated weekly after Friday’s close)
| Support/Resistance Levels | Price | Key Turning Points |
|---|---|---|
| 14 Day RSI at 80% | 378.45 | |
| 14 Day RSI at 70% | 351.94 | |
| 13-Week High | 342.80 | |
| 52-Week High | 342.80 | |
| 1-Month High | 336.65 | |
| Last | 335.60 | Last |
| 330.74 | 14 Day RSI at 50% | |
| 328.76 | 38.2% Retracement From 4 Week High | |
| 326.33 | 50% Retracement From 4 Week High/Low | |
| 325.48 | 38.2% Retracement From 13 Week High | |
| 323.89 | 38.2% Retracement From 4 Week Low | |
| 320.13 | 50% Retracement From 13 Week High/Low | |
| 1-Month Low | 316.00 | |
| 314.77 | 38.2% Retracement From 13 Week Low | |
| 14 Day RSI at 30% | 303.05 | |
| 300.27 | 38.2% Retracement From 52 Week High | |
| 13-Week Low | 297.45 | |
| 287.14 | 50% Retracement From 52 Week High/Low | |
| 274.00 | 38.2% Retracement From 52 Week Low | |
| 14 Day RSI at 20% | 268.44 | |
| 52-Week Low | 231.47 |
