QQQ PowerShares QQQ Weekly Chart Analysis: 2026-Feb-10 07:17 CT

Price Action

• Last: 614.32,
• 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: DTrend,
• (Intermediate-Term) 2. HiLo Trend: UTrend,
• 3. Pvt. Evolve: Pvt high 637.01,
• 4. Pvt. Next: Pvt low 567.41,
• 5. Levels R: 637.01, 636.60,
• 6. Levels S: 567.41, 520.74, 472.67, 413.07, 342.35.

Weekly Benchmarks

• (Intermediate-Term) 5 Week: 630.43 Down Trend,
• (Intermediate-Term) 10 Week: 619.63 Down Trend,
• (Long-Term) 20 Week: 614.41 Down Trend,
• (Long-Term) 55 Week: 521.02 Up Trend,
• (Long-Term) 100 Week: 427.74 Up Trend,
• (Long-Term) 200 Week: 342.35 Up Trend.

Overall Rating

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

Key Insights Summary

The QQQ weekly chart shows a market in transition, with short-term momentum having shifted to the downside following a recent swing high at 637.01. The current price of 614.32 sits just below key resistance levels, and the most recent swing pivot trend is down, indicating a short-term pullback or correction phase. Intermediate-term structure remains neutral, as the HiLo trend is still up, but the 5, 10, and 20-week moving averages have all turned down, reflecting recent weakness. However, the long-term trend remains firmly bullish, with the 55, 100, and 200-week moving averages all trending higher and well below current price, suggesting that the broader uptrend is intact. Support levels are layered below, with the next significant swing low at 567.41, and deeper support at 520.74 and 472.67. The market appears to be consolidating after a strong rally, with potential for further short-term volatility or retracement before the longer-term uptrend could reassert itself. No clear breakout or breakdown is evident, and the overall structure suggests a pause or digestion phase within a larger bullish cycle.