QQQ PowerShares QQQ Daily Chart Analysis: 2025-Nov-07 07:14 CT

Price Action

• Last: 614.45,
• Bars: Medium,
• Mom: Momentum average.

WSFG Weekly

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

MSFG Month Nov

• 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: UTrend,
• 3. Pvt. Evolve: Pvt Low 611.67,
• 4. Pvt. Next: Pvt High 623.84,
• 5. Levels R: 637.01, 623.84, 611.67,
• 6. Levels S: 599.35, 590.13, 588.05, 568.84, 558.84, 542.67.

Daily Benchmarks

• (Short-Term) 5 Day: 628.36 Down Trend,
• (Short-Term) 10 Day: 628.13 Down Trend,
• (Intermediate-Term) 20 Day: 614.45 Down Trend,
• (Intermediate-Term) 55 Day: 599.35 Up Trend,
• (Long-Term) 100 Day: 579.51 Up Trend,
• (Long-Term) 200 Day: 538.57 Up Trend.

Additional Metrics

• ATR: 733,
• VOLMA: 32709273.

Overall Rating

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

Key Insights Summary

The QQQ daily chart shows a recent shift in short-term momentum, with price pulling back from the recent swing high at 637.01 and forming a new swing low at 611.67. The short-term pivot trend has turned down (DTrend), and both the 5-day and 10-day moving averages have rolled over into a downtrend, confirming the short-term weakness. However, intermediate and long-term moving averages (55, 100, 200-day) remain in uptrends, indicating that the broader bullish structure is still intact. The intermediate-term HiLo trend remains up, suggesting that the recent pullback is occurring within a larger uptrend context. Price is currently testing support levels around 599.35 and 590.13, with resistance at 623.84 and 637.01. Volatility (ATR) is elevated, and volume remains robust, reflecting active participation during this retracement. The overall structure suggests a corrective phase within a longer-term bullish trend, with the market consolidating after a strong rally. Swing traders may observe for signs of stabilization or reversal at key support levels, while remaining aware of the potential for further short-term downside before the uptrend resumes.