QQQ Volatility Dries Up Near $744.00, Direction TBD
Neutral
Jun 16, 2026 at 1:00 AM
•
$744.00
(+3.15%)
Shares of QQQ (QQQ) rose 3.15% to $744.00 on June 16.
From a technical standpoint, the outlook appears bullish:
Moving Averages
Price trades above the 9-day EMA ($723.12) with a bullish stack. The 21-day EMA at $717.19 provides support.
Momentum
RSI at 63.5 is in neutral territory but trending higher. MACD is bearish (9.73 vs signal 12.83).
Volatility
Stock has been in a TTM Squeeze for 5 days, indicating compressed volatility and potential for a significant move.
While the trend remains bullish, weakening MACD warrants caution for new entries at current levels.
Technical levels: $691.43 support, $755.07 resistance.