QQQ ETF upgraded from Sell Candidate to Buy Candidate after Thursday trading session

The QQQ ETF price gained 3.38% on the last trading day (Thursday, 11th Jun 2026), rising from $693.69 to $717.12. During the last trading day the ETF fluctuated 3.36% from a day low at $695.00 to a day high of $718.37. The price has been going up and down for this period, and there has been a -2.51% loss for the last 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 7 million more shares were traded than the day before. In total, 68 million shares were bought and sold for approximately $48.56 billion.

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

The ETF lies in the middle of a wide and strong rising trend in the short term and a further rise within the trend is signaled.Given the current short-term trend, the ETF is expected to rise 31.36% during the next 3 months and, with a 90% probability hold a price between $915.03 and $1,006.84 at the end of this 3-month period.

The QQQ ETF holds a sell signal from the short-term Moving Average; at the same time, however, there is a buy signal from the long-term average. Since the short-term average is above the long-term average there is a general buy signal in the ETF giving a positive forecast for the ETF. On further gains, the ETF will meet resistance from the short-term Moving Average at approximately $717.80. On a fall, the ETF will find some support from the long-term average at approximately $704.59. A break-up through the short-term average will send a buy signal, whereas a breakdown through the long-term average will send a sell signal. 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. A sell signal was issued from a pivot top point on Tuesday, June 02, 2026, and so far it has fallen -3.89%. Further fall is indicated until a new bottom pivot has been found. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD).

QQQ finds support from accumulated volume at $705.06 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 $23.37 (3.36%) between high and low. For the last week, the ETF has had daily average volatility of 3.40%.

Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for QQQ ETF to perform well in the short-term.We have upgraded our analysis conclusion for this ETF since the last evaluation from a Sell to a Buy candidate.