QQQ Monthly Technical Analysis
Nasdaq-100 Index (Tech)
Invesco QQQ - Follows the Nasdaq-100 index, heavily weighted toward major technology companies.
QQQ Technical Analysis Summary
QQQ exhibits an exceptionally strong secular bull structure, trading at record levels near 742.03 well above all key monthly moving averages (20, 50, and 200 SMA). Monthly RSI holding above 70 confirms powerful secular momentum without structural deterioration. While the upper Bollinger Band near 790 may pose dynamic resistance, any pullbacks toward the 600–630 zone represent healthy trend continuation within the dominant multi-year advance.
Included In Lists
Related Tickers of Interest
QQQ Monthly Chart
Sentiment
Short-term Sentiment (days to weeks): Bullish
Price remains near all-time highs above the ascending 20-month SMA (622.44), with monthly RSI at 71.77 sustaining a strong bull regime.
Long-term Sentiment (weeks to months): Bullish
Clear multi-year secular bull market with stacked, upward-sloping 20, 50, and 200-month moving averages and price continuously expanding above prior cycle peaks.
Report Metadata
- Timeframe: monthly
- Generated at: 2026-10-01T22:22:54.381Z
- Model: gemini-3.8-flash
Support Price Levels
| Level | Range | Strength | Notes |
|---|---|---|---|
| $615.00 | $600.00 - $630.00 | Strong | Confluence of the rising 20-month SMA (622.44) and the mid-2025 consolidation shelf. |
| $417.50 | $400.00 - $435.00 | Strong | Major secular breakout level representing the late 2021 all-time high. |
Resistance Price Levels
| Level | Range | Strength | Notes |
|---|---|---|---|
| $767.50 | $745.00 - $790.00 | Moderate | Dynamic overhead resistance defined by the upper Bollinger Band (789.46) and recent monthly swing highs. |
Potential Chart Patterns in Formation
| Strength | Pattern | Signal | Target | Details |
|---|---|---|---|---|
| Strong | Multi-Year Cup and Handle Breakout | Bullish | N/A | Secular base breakout above the late 2021 high around 408 led to sustained multi-year trend expansion. |
| Strong | Secular Trend Channel Expansion | Bullish | N/A | Persistent structural uptrend with price riding along the upper Bollinger Band supported by expanding volume. |
Frequently Asked Questions about QQQ
What is the current sentiment for QQQ?
The short-term sentiment for QQQ is currently Bullish because Price remains near all-time highs above the ascending 20-month SMA (622.44), with monthly RSI at 71.77 sustaining a strong bull regime.. The long-term trend is classified as Bullish.
What are the key support levels for QQQ?
StockDips.AI has identified key support levels for QQQ at $615.00 and $417.50. These levels may represent potential accumulation zones where buying interest could emerge.
Is QQQ in a significant dip or a Value Dip right now?
QQQ has a Value Score of 52/100. It is not currently flagged as a significant dip in the Top Dips list. It is not listed as a Value Dip because the long-term sentiment or value-score threshold does not qualify.
View the full interactive analysis on StockDips.AI.