QQQ PowerShares QQQ Daily Chart Analysis: 2026-Feb-04 07:13 CT

Price Action

• Last: 623.18,
• Bars: Medium,
• Mom: Momentum slow.

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 low 610.09,
• 4. Pvt. Next: Pvt high 636.60,
• 5. Levels R: 637.01, 636.60, 630.00, 628.00, 616.50,
• 6. Levels S: 612.53, 607.05, 600.22, 580.74.

Daily Benchmarks

• (Short-Term) 5 Day: 626.38 Down Trend,
• (Short-Term) 10 Day: 623.71 Down Trend,
• (Intermediate-Term) 20 Day: 623.18 Down Trend,
• (Intermediate-Term) 55 Day: 612.53 Up Trend,
• (Long-Term) 100 Day: 607.42 Up Trend,
• (Long-Term) 200 Day: 574.44 Up Trend.

Additional Metrics

• ATR: 733,
• VOLMA: 32709273.

Overall Rating

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

Key Insights Summary

The QQQ daily chart currently reflects a short-term bearish environment, as indicated by the DTrend in swing pivots and all short-term moving averages (5, 10, 20 day) trending down. Price is consolidating near the lower end of the recent range, with momentum slowing and medium-sized bars suggesting a lack of strong directional conviction. Intermediate-term signals are mixed: the HiLo trend remains up, but the monthly session fib grid and moving averages are neutral, pointing to a market in transition. Long-term structure remains bullish, with the 55, 100, and 200 day moving averages all in uptrends and well below current price, providing underlying support. Key resistance levels are clustered near 630–637, while support is found at 612, 607, and 600. Volatility (ATR) is elevated, and volume remains robust, indicating active participation. The market appears to be in a corrective phase within a larger uptrend, with potential for further consolidation or a test of lower support before any resumption of the primary bullish trend.