PowerShares QQQ(QQQ)

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

Auto-detected technical analysis for QQQ · data as of Jul 22, 2026. The chart above is live; the read below updates daily.

$705.35last close · Jul 22, 202652-week range $551.68$748.65 · 5.78% 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 49% of the time.

As long as price stays below $726.4, it's in play — a daily close back above there calls it off.

The move's natural target sits near $668.4.

QQQ Triangle Pattern

QQQ is currently forming a triangle on the daily timeframe. Detected Jul 22, 2026.

DirectionBearishTarget$668.39Projected move−6.2%Breakout level$711.97

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

How Triangles Have Performed

Win rate
53.5%
Avg return
+0.37R
Backtested trades
17,276
QQQ win rate
51.7%

Historical pattern statistics (1986-12-19 – 2026-07-16), 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.

PatternEntryExitOutcomeResult
Falling WedgeMar 26, 2026 @ $575.95Apr 13, 2026 @ $617.39Loss+5.7% · -1.11R
Falling WedgeMar 19, 2026 @ $589.51Mar 27, 2026 @ $563.49Win+4.8% · +1.09R
TriangleMar 6, 2026 @ $599.69Mar 27, 2026 @ $570.29Win+5.5% · +2.16R
Falling WedgeFeb 24, 2026 @ $607.10Mar 19, 2026 @ $593.02Loss+5.5% · -1.02R
TriangleJan 20, 2026 @ $610.53Jan 27, 2026 @ $631.13Loss+5.3% · -1.06R
TriangleJan 9, 2026 @ $624.80Jan 20, 2026 @ $608.06Loss+8.1% · -1.14R
Rising WedgeFeb 21, 2025 @ $532.73Feb 27, 2025 @ $506.29Win+5.7% · +3.27R
TriangleFeb 13, 2025 @ $529.98Feb 27, 2025 @ $500.27Loss+6.3% · -1.57R
Falling WedgeJan 16, 2025 @ $518.98Feb 21, 2025 @ $526.08Win+4.8% · +0.37R
TriangleJan 8, 2025 @ $512.86Jan 22, 2025 @ $531.51Loss+6.1% · -1.24R
Rising WedgeDec 6, 2024 @ $525.42Mar 6, 2025 @ $488.20Loss+4.4% · -1.20R
Rising WedgeNov 6, 2024 @ $504.02Mar 10, 2025 @ $472.73Loss+10.2% · -1.54R

Triangle Examples on Other Charts

Historical examples from the published simulation. This selection is not a win-rate sample.

Learn about triangle

QQQ Support and Resistance Levels

A chance to go short showed up on the weekly chart about 4 weeks ago: price ran up to $718.42 — a level traders often watch as a target (200% of the prior move) — and has since turned back below it, the kind of rejection a short plays for.

  • What it was aiming for: a drop toward support line around $674.90 below — the first place to look for a touch and take profit.
  • What would have called it off: a weekly close back above $718.42, where the turn lower would have failed.

QQQ Recent Daily Prices

DateOpenHighLowClose
Jul 22, 2026$703.62$709.65$703.62$705.35
Jul 21, 2026$706.57$710.05$702.80$708.97
Jul 20, 2026$702.16$705.80$695.51$696.06
Jul 17, 2026$691.65$702.30$686.76$695.33
Jul 16, 2026$712.01$713.60$702.61$705.94
Jul 15, 2026$723.85$724.36$710.23$717.74
Jul 14, 2026$720.22$722.29$714.34$719.69
Jul 13, 2026$717.72$718.74$710.08$711.74
Jul 10, 2026$720.70$726.39$717.00$725.51
Jul 9, 2026$718.33$724.23$715.13$723.28

QQQ Frequently Asked Questions

What chart pattern is QQQ forming right now?
As of Jul 22, 2026, TradingPal's detector identifies a triangle on PowerShares QQQ (QQQ) on the daily chart, with a measured-move target of $668.39.
Is a triangle bullish or bearish?
The triangle detected on QQQ is a bearish pattern, projecting a measured-move target of $668.39. See its full backtested track record above — that's the real edge, not the textbook label.
How reliable is a triangle pattern, and what is its win rate?
Across TradingPal's backtest of the triangle family (17,276 trades over 628 symbols), it resolved in the expected direction 53.5% of the time with an average of +0.37R. These are historical statistics, not a prediction.
What is the price target if QQQ's pattern breaks out?
The detected triangle has a geometry-based measured-move target of $668.39 (pattern height projected from the breakout). This is a technical target, not a recommendation.
What was QQQ's closing price on Jul 22, 2026?
PowerShares QQQ (QQQ) last closed at $705.35 on Jul 22, 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.