QQQ PowerShares QQQ Daily Chart Analysis: 2026-Jan-22 07:14 CT

Price Action

• Last: 616.28,
• Bars: Medium,
• Mom: Momentum average.

WSFG Weekly

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

MSFG Month Jan

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

YSFG Year 2026

• 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 620.41,
• 4. Pvt. Next: Pvt low 607.05,
• 5. Levels R: 637.01, 630.00, 620.41,
• 6. Levels S: 607.05, 600.23, 580.74, 568.84, 566.28.

Daily Benchmarks

• (Short-Term) 5 Day: 618.38 Down Trend,
• (Short-Term) 10 Day: 614.86 Down Trend,
• (Intermediate-Term) 20 Day: 620.53 Down Trend,
• (Intermediate-Term) 55 Day: 607.95 Up Trend,
• (Long-Term) 100 Day: 586.44 Up Trend,
• (Long-Term) 200 Day: 566.28 Up Trend.

Additional Metrics

• ATR: 733,
• VOLMA: 32,709,273.

Overall Rating

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

Key Insights Summary

The QQQ daily chart currently reflects a market in transition. Short-term and intermediate-term trends have shifted to the downside, as indicated by the DTrend in both the swing pivot and HiLo metrics, and confirmed by the downtrend in the 5, 10, and 20-day moving averages. Price is consolidating near the lower end of the recent range, with the most recent swing pivot evolving from a high at 620.41 and the next key support at 607.05. Resistance levels are stacked above at 620.41, 630.00, and 637.01, while support extends down to 566.28. Despite the short-term weakness, the longer-term moving averages (55, 100, and 200-day) remain in uptrends, suggesting the broader bullish structure is intact. Volatility, as measured by ATR, is elevated, and volume remains robust, indicating active participation and potential for further swings. The overall environment is characterized by a pullback within a larger uptrend, with the market currently testing key support levels. This setup is typical of a corrective phase within a bullish cycle, where short-term bearish momentum may eventually give way to renewed buying interest if support holds.