QQQ PowerShares QQQ Weekly Chart Analysis: 2026-Feb-01 18:14 CT

Price Action

• Last: 622.26,
• Bars: Medium,
• Mom: Momentum average.

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: UTrend,
• (Intermediate-Term) 2. HiLo Trend: DTrend,
• 3. Pvt. Evolve: Pvt high 637.01,
• 4. Pvt. Next: Pvt low 610.82,
• 5. Levels R: 637.01,
• 6. Levels S: 610.82, 563.77, 517.55, 482.47, 425.14.

Weekly Benchmarks

• (Intermediate-Term) 5 Week: 621.33 Up Trend,
• (Intermediate-Term) 10 Week: 610.82 Up Trend,
• (Long-Term) 20 Week: 563.77 Up Trend,
• (Long-Term) 55 Week: 517.55 Up Trend,
• (Long-Term) 100 Week: 482.47 Up Trend,
• (Long-Term) 200 Week: 425.14 Up Trend.

Overall Rating

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

Key Insights Summary

The QQQ weekly chart shows a strong long-term uptrend, with all major moving averages (20, 55, 100, 200 week) trending higher and price well above these benchmarks. The most recent swing pivot is a high at 637.01, with the next key support at 610.82, indicating a recent pullback from highs but with support holding above key moving averages. Short-term momentum remains positive, as reflected in the uptrend of the 5 and 10 week MAs and the current swing pivot trend. However, the intermediate-term HiLo trend has shifted to down, suggesting some consolidation or corrective action after a strong rally. The price is currently within a neutral zone on the session fib grids, with no clear directional bias from the WSFG, MSFG, or YSFG. Overall, the structure is bullish on both short and long-term horizons, with the intermediate-term showing signs of pause or digestion. The market appears to be in a consolidation phase after a significant advance, with higher lows and strong support levels below, while resistance remains at the recent highs. Volatility may persist as the market tests these levels, but the underlying trend remains constructive.