QQQ PowerShares QQQ Daily Chart Analysis: 2025-Oct-15 07:14 CT

Price Action

• Last: 598.00,
• Bars: Medium,
• Mom: Momentum average.

WSFG Weekly

• Short-Term
• WSFG Current: NA%
• F0%/NTZ' Bias: Price Neutral,
• WSFG Trend: Neutral.

MSFG Month Oct

• Intermediate-Term
• MSFG Current: NA%
• F0%/NTZ' Bias: Price Neutral,
• MSFG Trend: Neutral.

YSFG Year 2025

• Long-Term
• YSFG Current: NA%
• F0%/NTZ' Bias: Price Neutral,
• YSFG Trend: Neutral.

Swing Pivots

• (Short-Term) 1. Pvt. Trend: DTrend,
• (Intermediate-Term) 2. HiLo Trend: DTrend,
• 3. Pvt. Evolve: Pvt high 611.75,
• 4. Pvt. Next: Pvt low 589.05,
• 5. Levels R: 611.75, 602.95, 598.05,
• 6. Levels S: 589.05, 588.00, 585.84.

Daily Benchmarks

• (Short-Term) 5 Day: 602.95 Down Trend,
• (Short-Term) 10 Day: 598.05 Down Trend,
• (Intermediate-Term) 20 Day: 589.08 Up Trend,
• (Intermediate-Term) 55 Day: 582.87 Up Trend,
• (Long-Term) 100 Day: 563.71 Up Trend,
• (Long-Term) 200 Day: 530.07 Up Trend.

Additional Metrics

• ATR: 733,
• VOLMA: 32709273.

Overall Rating

• Short-Term: Bearish,
• Intermediate-Term: Bullish,
• Long-Term: Bullish.

Key Insights Summary

The QQQ daily chart shows a recent shift in short-term momentum, with the current price pulling back from a recent swing high at 611.75 to 598.00. The short-term swing pivot trend has turned down (DTrend), and both the 5-day and 10-day moving averages are in a downtrend, confirming short-term weakness. However, intermediate and long-term moving averages (20, 55, 100, and 200-day) remain in solid uptrends, indicating that the broader bullish structure is intact. The price is currently testing support levels around 589.05–588.00, with resistance overhead at 598.05 and 602.95. Volatility (ATR) is elevated, and volume remains robust, suggesting active participation during this pullback. The overall structure points to a short-term corrective phase within a larger bullish trend, with the market consolidating after a strong rally and now testing key support zones. Swing traders will note the potential for further downside in the short term, but the prevailing intermediate and long-term uptrends suggest that the broader bullish cycle remains dominant unless key support levels are decisively broken.