QQQ PowerShares QQQ Daily Chart Analysis: 2025-Nov-21 07:16 CT

Price Action

WSFG Weekly

MSFG Month Nov

YSFG Year 2025

Swing Pivots

Daily Benchmarks

Additional Metrics

Overall Rating

Key Insights Summary

The QQQ daily chart shows a pronounced shift to the downside, with large, fast-momentum bars breaking below key moving averages and support levels. Both short-term and intermediate-term swing pivot trends are in a clear downtrend, with the most recent pivot high at 614.03 and the next potential pivot low at 593.87. Resistance is stacked above at 614.03, 624.86, and 637.01, while support is layered at 559.63, 558.84, and lower. All benchmark moving averages from short to long term are trending down, confirming broad-based weakness. The ATR is elevated, indicating increased volatility, and volume is robust, suggesting strong participation in the recent move. The overall technical structure points to a bearish environment across all timeframes, with price action characterized by sharp selloffs and little evidence of stabilization or reversal at this stage. This environment is typical of a market in a corrective or trending down phase, with volatility and momentum favoring the downside.


Chart Analysis ATS AI Generated: 2025-11-21 07:16 for Informational use only, not trading advice. Terms and Risk Disclosure Copyright © 2025. Algo Trading Systems LLC.