QQQ PowerShares QQQ Daily Chart Analysis: 2026-Feb-01 18:13 CT

Price Action

• Last: 621.87,
• Bars: Large,
• Mom: Momentum fast.

WSFG Weekly

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

MSFG Month Feb

• 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: UTrend,
• 3. Pvt. Evolve: Pvt high 636.60,
• 4. Pvt. Next: Pvt low 615.00,
• 5. Levels R: 636.60, 637.01,
• 6. Levels S: 615.00, 611.05, 607.05, 600.07, 580.74.

Daily Benchmarks

• (Short-Term) 5 Day: 636.33 Down Trend,
• (Short-Term) 10 Day: 630.41 Down Trend,
• (Intermediate-Term) 20 Day: 611.05 Up Trend,
• (Intermediate-Term) 55 Day: 607.05 Up Trend,
• (Long-Term) 100 Day: 572.78 Up Trend,
• (Long-Term) 200 Day: 552.74 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 sharp move lower from a swing high at 636.60, with price currently at 621.87 and large, fast-momentum bars indicating heightened volatility. The short-term trend has shifted to the downside, as confirmed by both the 5-day and 10-day moving averages turning down and the swing pivot trend registering as DTrend. However, the intermediate- and long-term trends remain bullish, with the 20-, 55-, 100-, and 200-day moving averages all trending higher and price still well above these key support levels. The most immediate resistance is at the recent swing highs (636.60, 637.01), while support is layered below at 615.00, 611.05, and further down at 607.05 and 600.07. The ATR is elevated, reflecting increased volatility, and volume remains robust. The market appears to be in a corrective pullback within a broader uptrend, with the potential for further downside in the short term before testing key support zones. The overall structure suggests a choppy, volatile environment with a short-term bearish bias but underlying intermediate- and long-term strength.