Green day on Thursday for QQQ

StockInvest.us, 1 hour ago

StockInvest.us

The QQQ ETF price gained 3.30% on the last trading day (Thursday, 30th Jul 2026), rising from $661.73 to $683.55. During the last trading day the ETF fluctuated 1.76% from a day low at $673.30 to a day high of $685.12. The price has fallen in 7 of the last 10 days and is down by -3.17% for this period. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 14 million more shares were traded than the day before. In total, 65 million shares were bought and sold for approximately $44.43 billion.

On Jul 21, 2025, it was reported that UBS gave QQQ a "Mixed" grade with a "hold" action.

The ETF is moving within a wide and horizontal trend and further movements within this trend can be expected. Given the current horizontal trend, you can expect QQQ ETF with a 90% probability to be traded between $653.06 and $730.31 at the end of this 3-month period. A break of a horizontal trend is often followed by a large increase in the volume, and ETFS seldom manage to go directly from the bottom of a trend up to the top. ETFS turning up in the middle of a horizontal trend are therefore considered to be potential runners.

QQQ

A buy signal was issued from a pivot bottom point on Wednesday, July 29, 2026, and so far it has risen 3.30%. Further rise is indicated until a new top pivot has been found. Volume is rising along with the price. This is considered to be a good technical signal. Some negative signals were issued as well, and these may have some influence on the near short-term development. The QQQ ETF holds a buy signal from the short-term Moving Average; at the same time, however, the long-term average holds a general sell signal. Since the longterm average is above the short-term average there is a general sell signal in the ETF giving a more negative forecast for the ETF. On further gains, the ETF will meet resistance from the long-term Moving Average at $711.00. On a fall, the ETF will find some support from the short-term average at $683.49. A break-up through the long-term average will give another buy signal, while a fall below the short-term average will add another sell signal and strengthen the general signal. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD).

QQQ finds support from accumulated volume at $682.12 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This ETF is usually traded at a good volume, and with minor daily changes, the risk is considered to be low. During the last day, the ETF moved $11.82 (1.76%) between high and low. For the last week, the ETF has had daily average volatility of 2.06%.

QQQ holds several negative signals and we believe that it will still perform weakly in the next couple of days or weeks. We, therefore, hold a negative evaluation of this ETF.

Check full QQQ forecast and analysis here.
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