QQQ PowerShares QQQ Weekly Chart Analysis: 2026-Feb-12 07:23 CT

Price Action

WSFG Weekly

MSFG Month Feb

YSFG Year 2026

Swing Pivots

Weekly Benchmarks

Overall Rating

Key Insights Summary

The QQQ weekly chart shows a market in transition. Price action has recently pulled back from a swing high at 637.01, with the last price at 613.11 and average momentum. Short-term signals are bearish, as indicated by the downtrend in both the 5- and 10-week moving averages and the current swing pivot trend. However, the intermediate- and long-term outlooks remain bullish, supported by uptrends in the 20-, 55-, 100-, and 200-week moving averages and a higher low structure on the swing pivots. The market is consolidating above key support at 567.41, with resistance at the recent highs. This setup suggests a corrective phase within a broader uptrend, with the potential for further consolidation or a resumption of the upward move if support holds. Volatility has increased, and the market is digesting gains after a strong rally, typical of a swing trader’s environment where both pullbacks and trend continuations are in play.


Chart Analysis ATS AI Generated: 2026-02-12 07:23 for Informational use only, not trading advice. Terms and Risk Disclosure Copyright © 2026. Algo Trading Systems LLC.