Invesco QQQ Trust Series I (QQQ) ETF — Weekly technical analysis | 3-7 Aug 2026
QQQ
Invesco QQQ Trust Series I
Weekly technical analysis of the Invesco QQQ Trust Series I (QQQ) ETF: IQS 73/100. Structure, momentum and trading levels for swing trading updated 7 Aug 2026.
SCORE IQS Lite
73/100
Weekly Structure 12
Daily Momentum 33
Weekly Ichimoku 19
Daily CMF 3
Delta 6
IQS Lite components · score
IQS Lite analysis - AiTrading67.com · Invesco QQQ Trust Series I (QQQ · ISIN US46090E1038)
Weekly Structure
At 12/30 structure is developing: moving averages only partly aligned, trend unconfirmed.
Daily Momentum
At 33/35 momentum is strong: marked directional acceleration.
Weekly Ichimoku
At 19/19 Ichimoku is fully bullish: above the cloud with Tenkan and Kijun aligned.
Daily CMF
At 3/6 CMF is neutral: balance between capital inflows and outflows.
Delta
At 6/10 the week is slightly positive: close between 0% and +2%.
Concise reading of each axis score · sum = IQS Lite (0-100)
Executive View
Our view last week
QQQ consolidates within a weak compression with mixed signals. Daily momentum fades while the weekly structure remains challenged. Neutral positioning awaits confirmation above resistance.
This week's view by AiTrading67.com
QQQ remains compressed within the neutral zone in stretched phase, with weekly Ichimoku and bullish MA alignment supporting the structure. Daily MACD signals strong bullish momentum, contrasting with weekly bearish fading: a cyclic tension framework. Breakout entry above trigger level appears interesting, requiring confirmation before establishing positions given the stretched cycle phase.
Chart · 12-month trend
Weekly Structure
Weekly RSI
Neutral / bullish bias
Weekly MACD · Status
C — Early deterioration
Negative histogram contracting
Weekly EMA50
Free
Price well separated from the weekly MA
Weekly EMA Stack
Full bullish stack
5/5 MAs bullish-aligned
Above CloudT+K+
Daily Momentum
Daily ADX / DMI
Weak
+DI dominates −DI
Daily RSI
Neutral / bullish bias
Capital Flow (CMF)
Neutral
Daily MACD · Status
A — Improvement
Daily Stochastic
Overbought
Weekly EMA Cross
Mature Golden Cross
In summary
Daily momentum signals bullish strength: MACD in strong bullish, MA cross in mature Golden Cross and stochastic overbought. RSI neutral with bullish bias, while CMF remains neutral on flows. ADX/DMI is weak with +DI above -DI, indicating momentum not yet fully dominant but directionally bullish. Overall, the intraday picture is constructive but near potential technical corrections given stochastic overbought condition.
Weekly market overview
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Weekly structure rests on solid foundations: RSI in neutral with bullish bias, all moving averages aligned upward and Ichimoku above bullish cloud. MACD shows bearish fading, a signal of slowing momentum but not imminent reversal. The EMA50 remains free, supporting the dynamic. Overall, the weekly base is favorable but consolidating.