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

Price Action

• Last: 601.92,
• 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: DTrend,
• 3. Pvt. Evolve: Pvt low 594.76,
• 4. Pvt. Next: Pvt high 617.33,
• 5. Levels R: 637.01, 636.60, 617.33,
• 6. Levels S: 594.76, 580.74.

Daily Benchmarks

• (Short-Term) 5 Day: 608.84 Down Trend,
• (Short-Term) 10 Day: 606.28 Down Trend,
• (Intermediate-Term) 20 Day: 615.47 Down Trend,
• (Intermediate-Term) 55 Day: 614.03 Down Trend,
• (Long-Term) 100 Day: 580.92 Up Trend,
• (Long-Term) 200 Day: 550.02 Up Trend.

Additional Metrics

• ATR: 733,
• VOLMA: 32709273.

Overall Rating

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

Key Insights Summary

The QQQ daily chart is currently showing strong downside momentum, with large bars and fast momentum indicating heightened volatility. Both short-term and intermediate-term swing pivot trends are in a downtrend, with the most recent pivot low at 594.76 and the next potential pivot high at 617.33. Resistance levels are clustered above at 617.33, 636.60, and 637.01, while support is found at 594.76 and 580.74. All short- and intermediate-term moving averages are trending down, reinforcing the bearish bias in the near term. However, the long-term 100-day and 200-day moving averages remain in an uptrend, suggesting that the broader bullish structure is still intact. The ATR is elevated, reflecting increased volatility, and volume remains robust. Overall, the market is in a corrective phase within a longer-term uptrend, with price action currently testing key support levels after a sharp pullback. The environment is characterized by choppy, volatile swings, with potential for further downside tests before any sustained recovery.