QQQ PowerShares QQQ Daily Chart Analysis: 2026-Feb-05 07:15 CT
Price Action
- Last: 623.11,
- 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 low 604.47,
- 4. Pvt. Next: Pvt high 636.60,
- 5. Levels R: 636.60, 637.01, 638.60,
- 6. Levels S: 615.00, 607.05, 600.28, 588.84, 580.74.
Daily Benchmarks
- (Short-Term) 5 Day: 625.44 Down Trend,
- (Short-Term) 10 Day: 630.36 Down Trend,
- (Intermediate-Term) 20 Day: 623.11 Down Trend,
- (Intermediate-Term) 55 Day: 612.89 Up Trend,
- (Long-Term) 100 Day: 605.75 Up Trend,
- (Long-Term) 200 Day: 575.31 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 sharp and volatile move lower, with large bars and fast momentum indicating heightened activity and a possible shift in sentiment. The short-term swing pivot trend has turned down (DTrend), confirmed by the 5, 10, and 20-day moving averages all trending lower, while price has broken below the short-term support cluster around 615.00. However, intermediate and long-term moving averages (55, 100, 200-day) remain in uptrends, suggesting the broader bullish structure is intact for now. The intermediate-term HiLo trend is still up, but the market is testing key support levels, and the next significant resistance is overhead at 636.60–638.60. Volatility is elevated (ATR 733), and volume remains robust, signaling strong participation. The overall structure points to a short-term bearish phase within a longer-term bullish context, with the market in a corrective or pullback mode after a strong rally. Swing traders should note the potential for further downside tests toward deeper support, but also recognize the underlying uptrend on higher timeframes.
Chart Analysis ATS AI Generated: 2026-02-05 07:15 for Informational use only, not trading advice. Terms and Risk Disclosure Copyright © 2026. Algo Trading Systems LLC.