PowerShares QQQ(QQQ)

PowerShares QQQ (QQQ) Chart Patterns, Support & Resistance & Technical Analysis

Auto-detected technical analysis for QQQ · data as of Aug 14, 2026. The chart above is live; the read below updates daily.

$731.07last close · Aug 14, 202652-week range $555.60 – $748.65 · 2.35% below the high

Symmetrical Triangle · playing out now

QQQ is breaking down from a symmetrical triangle — a sign the recent run may be rolling over.

On this chart, setups like it have followed through about 59% of the time.

As long as price stays below $737.6, it's in play — a daily close back above there calls it off.

The move's natural target sits near $656.5.

QQQ Falling Wedge Pattern

QQQ is currently forming a falling wedge on the daily timeframe. Detected Aug 14, 2026.

DirectionBearishTarget$652.38Projected move−5.0%Breakout level$687.73

New to this pattern? What a falling wedge is and how to trade it →

How Falling Wedges Have Performed

Win rate

55.2%

Avg return

+0.33R

Backtested trades

8,372

QQQ win rate

45.5%

Historical pattern statistics (2006-08-14 – 2026-08-14), not a prediction.

How these backtests work →

QQQ Pattern Trade History

Every completed pattern trade our nightly backtest found on QQQ's daily chart, newest first — wins and losses alike.

Pattern	Entry	Exit	Outcome	Result
Falling Wedge	Jul 24, 2026 @ $684.97	Aug 13, 2026 @ $732.07	Loss	-1.14R
Triangle	Jul 16, 2026 @ $709.11	Jul 28, 2026 @ $668.69	Win	+2.34R
Triangle	Apr 8, 2026 @ $609.47	May 19, 2026 @ $701.53	Win	+1.71R
Falling Wedge	Mar 26, 2026 @ $575.95	Apr 13, 2026 @ $617.39	Loss	-1.11R
Falling Wedge	Mar 19, 2026 @ $589.51	Mar 27, 2026 @ $563.85	Win	+1.08R
Falling Wedge	Mar 13, 2026 @ $595.14	Mar 27, 2026 @ $566.02	Win	+1.60R
Triangle	Mar 9, 2026 @ $594.23	Mar 26, 2026 @ $574.47	Win	+0.87R
Falling Wedge	Feb 24, 2026 @ $607.10	Mar 19, 2026 @ $593.02	Loss	-1.02R
Triangle	Jan 9, 2026 @ $624.80	Jan 20, 2026 @ $608.06	Loss	-1.14R
Rising Wedge	Oct 10, 2025 @ $605.85	Oct 24, 2025 @ $617.10	Loss	-1.95R
Rising Wedge	Feb 24, 2025 @ $527.88	Feb 27, 2025 @ $505.33	Win	+1.74R
Triangle	Feb 14, 2025 @ $536.00	Feb 27, 2025 @ $500.27	Loss	-1.43R

Recent Falling Wedges on Other Charts

TJXstopped −2.5%Aug 14, 2026 ASMLstopped −8.5%Aug 13, 2026 QQQMstopped −6.9%Aug 13, 2026 TZAstopped −5.4%Aug 13, 2026

Learn about falling wedge

QQQ Support and Resistance Levels

Price is bouncing off a floor near $707.11 and starting to climb. On the weekly chart, the next ceiling overhead sits near $761.04 — about 4% away.

Traders commonly watch $761.04 as a target (its 261.8% extension) — think of it as a sensible next stop, not a guarantee.
That ceiling is the first place the climb might pause — worth watching how price behaves as it gets there.
There's nothing to act on here — the spot to watch was the $707.11 floor just now, when price bounced there, but price has already pulled higher. What's left is the climb playing out, not a fresh starting point.

Nearest auto-detected support sits near $700.49, resistance near $744.26. These are chart/swing-derived levels, not formula pivots.

Resistance

$744.26$931.80

Support

$700.49$698.30$629.23$555.60

QQQ Recent Daily Prices

Date	Open	High	Low	Close
Aug 14, 2026	$733.41	$734.39	$728.32	$731.07
Aug 13, 2026	$725.15	$733.96	$724.03	$732.07
Aug 12, 2026	$727.08	$727.25	$722.92	$723.70
Aug 11, 2026	$723.29	$723.35	$715.50	$718.45
Aug 10, 2026	$722.39	$724.67	$720.33	$720.87
Aug 7, 2026	$720.15	$723.63	$716.51	$723.03
Aug 6, 2026	$710.82	$719.32	$708.50	$714.65
Aug 5, 2026	$726.25	$728.54	$716.92	$717.30
Aug 4, 2026	$708.16	$725.66	$707.53	$723.85
Aug 3, 2026	$688.30	$701.59	$685.82	$700.07

QQQ Frequently Asked Questions

What chart pattern is QQQ forming right now?

As of Aug 14, 2026, TradingPal's detector identifies a falling wedge on PowerShares QQQ (QQQ) on the daily chart, with a measured-move target of $652.38.

Is a falling wedge bullish or bearish?

The falling wedge detected on QQQ is a bearish pattern, projecting a measured-move target of $652.38. See its full backtested track record above — that's the real edge, not the textbook label.

How reliable is a falling wedge pattern, and what is its win rate?

Across TradingPal's backtest of the falling wedge family (8,372 trades over 631 symbols), it resolved in the expected direction 55.2% of the time with an average of +0.33R. These are historical statistics, not a prediction.

What are the support and resistance levels for QQQ?

Based on auto-detected, swing-derived levels (as of Aug 14, 2026), QQQ's nearest support is around $700.49 and nearest resistance around $744.26.

What is the price target if QQQ's pattern breaks out?

The detected falling wedge has a geometry-based measured-move target of $652.38 (pattern height projected from the breakout). This is a technical target, not a recommendation.

What was QQQ's closing price on Aug 14, 2026?

PowerShares QQQ (QQQ) last closed at $731.07 on Aug 14, 2026. For the live quote, see the chart above or a real-time quote provider.

Technical analysis for informational purposes only — not investment advice. Auto-detected patterns and levels update daily; the chart above is live.