Profit-Taking Watch: QQQ Reaches $759.66 on High RSI
Bearish
Oct 7, 2026 at 12:09 AM
•
$759.66
(+0.46%)
QQQ (QQQ) gained 0.46% to finish at $759.66 on October 7.
The technical picture is bullish:
Momentum
RSI at 70.1 is in overbought territory, suggesting potential near-term exhaustion. MACD reads 10.02 against its 7.62 signal line (bullish).
Moving Averages
The stock holds above both the 9-day ($746.25) and 21-day ($735.82) EMAs, confirming the uptrend.
Volatility
Bollinger Band width at 9.4% indicates low volatility.
The bullish trend is intact, but overbought momentum readings suggest waiting for a pullback.
Technical levels: $697.16 support, $766.25 resistance.