QQQ

QQQ
$716.43 -0.65% As of Aug 29, 12:24 AM
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Trade Idea

Strategy
Bull Call
Strikes
$622/623
Expiration
May 15
Target ROI
100.0%
Trade Reasoning
The MACD is positive and rising, indicating strong upward momentum, while the short-term EMAs are also positive and trending upwards, confirming bullish sentiment. This is an optimal entry point as the stock price is just below the lower strike of the Bull Call Spread, allowing us to capture potential upside with limited risk. The ATM spread structure offers an attractive risk/reward profile, targeting significant ROI while allowing for disciplined exits to minimize losses. Maya's edge comes from disciplined trade management—knowing when to exit is just as important as when to enter. Subscribe to get real-time open and close alerts that take the guesswork out of trading.
Bullish Factors
MACD Positive and Rising.
• Short-term EMAs are positive.
• Short-term EMAs are rising.

Technical Analysis

EMA Crossover Fuels QQQ Move to $716.43

Bullish
Aug 29, 2026 at 12:24 AM $716.43 (-0.65%)

The stock of QQQ (QQQ) dropped 0.65% to close at $716.43 on August 29.

The technical picture is bullish:

Moving Averages Price trades above the 9-day EMA ($715.43) with a bullish stack. The 21-day EMA at $714.04 provides support.
Momentum RSI at 52.1 is neutral but improving. MACD is bearish (1.83 vs signal 2.31).
Volatility Bollinger Band width at 4.4% indicates low volatility.

While the trend remains bullish, weakening MACD warrants caution for new entries at current levels.

Key levels to watch: Support at $702.05, Resistance at $733.84.

QQQ Breaks Out at $716.43 as Moving Averages Align

Bullish
Aug 28, 2026 at 9:01 PM $716.43 (-0.65%)

Bullish EMA Stack Supports QQQ Rally to $721.11

Bullish
Aug 27, 2026 at 9:01 PM $721.11 (+1.37%)

Bearish Divergence Emerges for QQQ at $711.37

Bearish
Aug 27, 2026 at 12:14 AM $711.37 (+0.10%)

Technical Momentum Favors QQQ Bears at $711.37

Bearish
Aug 26, 2026 at 9:01 PM $711.37 (+0.10%)
Systematic technical analysis • Updated daily after market close
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Key Stats

Entry Price $0.50
Max Profit $0.50
Max Loss $0.50
Days to Exp -106
Trade Date Apr 14, 2026
Disclaimer: This analysis is for educational purposes only. Options trading involves substantial risk. Past performance does not guarantee future results.