QQQ PowerShares QQQ Weekly Chart Analysis: 2026-Feb-05 07:15 CT
Price Action
- Last: 612.85,
- 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: UTrend,
- 3. Pvt. Evolve: Pvt low 605.75,
- 4. Pvt. Next: Pvt high 637.01,
- 5. Levels R: 637.01, 630.80,
- 6. Levels S: 605.75, 519.31, 426.44.
Weekly Benchmarks
- (Intermediate-Term) 5 Week: 621.12 Up Trend,
- (Intermediate-Term) 10 Week: 620.40 Up Trend,
- (Long-Term) 20 Week: 605.84 Up Trend,
- (Long-Term) 55 Week: 555.24 Up Trend,
- (Long-Term) 100 Week: 519.31 Up Trend,
- (Long-Term) 200 Week: 426.44 Up Trend.
Overall Rating
- Short-Term: Bullish,
- Intermediate-Term: Bullish,
- Long-Term: Bullish.
Key Insights Summary
The QQQ weekly chart reflects a strong, persistent uptrend across all timeframes, with price action holding above all major moving averages and swing pivots confirming higher lows and higher highs. The most recent swing low at 605.75 is well supported by the 20-week and 55-week moving averages, while resistance is defined at the recent high of 637.01. The neutral bias in the session fib grids suggests a period of consolidation or digestion after a strong rally, but the underlying trend structure remains intact. The chart shows no immediate signs of reversal, with all benchmark moving averages trending upward and the swing structure favoring continuation. This environment is typically characterized by trend-following behavior, with pullbacks to support levels being absorbed and momentum remaining steady. The absence of a clear breakout or breakdown, combined with the neutral fib grid readings, points to a market that may be pausing before its next directional move, but the prevailing bias remains bullish as long as key support levels hold.
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.