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
Get this week and next week’s QQQ Options Trade Forecast view by clicking here
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% | 477.94 | |
| 14 Day RSI at 70% | 429.68 | |
| 13-Week High | 408.71 | |
| 52-Week High | 408.71 | |
| 1-Month High | 401.19 | |
| Last | 396.92 | Last |
| 392.13 | 38.2% Retracement From 4 Week High | |
| 391.07 | 14 Day RSI at 50% | |
| 389.33 | 50% Retracement From 4 Week High/Low | |
| 386.53 | 38.2% Retracement From 4 Week Low | |
| 386.40 | 38.2% Retracement From 13 Week High | |
| 379.52 | 50% Retracement From 13 Week High/Low | |
| 1-Month Low | 377.47 | |
| 372.62 | 38.2% Retracement From 13 Week Low | |
| 366.21 | 38.2% Retracement From 52 Week High | |
| 353.08 | 50% Retracement From 52 Week High/Low | |
| 13-Week Low | 350.32 | |
| 14 Day RSI at 30% | 344.67 | |
| 339.95 | 38.2% Retracement From 52 Week Low | |
| 52-Week Low | 297.45 | |
| 14 Day RSI at 20% | 286.67 |
