QQQ PowerShares QQQ Daily Chart Analysis: 2025-Nov-24 07:15 CT

Price Action

• Last: 616.88,
• Bars: Large,
• Mom: Momentum fast.

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: DTrend,
• 3. Pvt. Evolve: Pvt High 602.18,
• 4. Pvt. Next: Pvt Low 590.07,
• 5. Levels R: 637.01, 624.86, 616.83,
• 6. Levels S: 590.07, 587.16.

Daily Benchmarks

• (Short-Term) 5 Day: 601.93 Down Trend,
• (Short-Term) 10 Day: 600.01 Down Trend,
• (Intermediate-Term) 20 Day: 589.07 Down Trend,
• (Intermediate-Term) 55 Day: 587.16 Down Trend,
• (Long-Term) 100 Day: 543.20 Up Trend,
• (Long-Term) 200 Day: 587.16 Up Trend.

Additional Metrics

• ATR: 733,
• VOLMA: 32709273.

Overall Rating

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

Key Insights Summary

The QQQ daily chart shows a pronounced shift in momentum with large, fast-moving bars indicating heightened volatility and strong directional moves. Both short-term and intermediate-term swing pivot trends have turned down, with the most recent pivot high at 602.18 and the next potential support pivot low at 590.07. Resistance levels are stacked above at 616.83, 624.86, and 637.01, while support is concentrated near 590.07 and 587.16. All short- and intermediate-term moving averages (5, 10, 20, 55-day) are trending down, confirming the bearish bias in the near term, while the 100- and 200-day moving averages remain in uptrends, suggesting the longer-term structure is still intact but under pressure. The ATR is elevated, reflecting increased volatility, and volume is robust, indicating strong participation in the recent moves. The overall technical landscape points to a market in a corrective phase, with potential for further downside or consolidation as price tests key support levels. The long-term trend remains neutral, but the short- and intermediate-term outlooks are clearly bearish, with traders likely watching for signs of stabilization or reversal at major support zones.