QQQ PowerShares QQQ Daily Chart Analysis: 2026-Feb-18 07:18 CT

Price Action

WSFG Weekly

MSFG Month Feb

YSFG Year 2026

Swing Pivots

Daily Benchmarks

Additional Metrics

Overall Rating

Key Insights Summary

The QQQ daily chart currently reflects a strong swing to the downside, with large, fast-moving bars indicating heightened volatility and momentum favoring sellers. 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 reversal at the pivot high of 618.22. Resistance is stacked above at 618.22, 636.60, and 637.01, while support is found at 594.76 and 580.74. All key moving averages except the 200-day are trending down, reinforcing the bearish bias in the short and intermediate term. The 200-day MA remains in an uptrend, suggesting that the longer-term structure is still intact, but at risk if current momentum persists. ATR is elevated, and volume is robust, confirming the presence of strong participation and volatility. The market is in a corrective phase, with price action testing lower support levels after failing to sustain above key resistance. The environment is characterized by sharp pullbacks and potential for further downside unless a significant reversal develops at or above the current support zone.


Chart Analysis ATS AI Generated: 2026-02-18 07:18 for Informational use only, not trading advice. Terms and Risk Disclosure Copyright © 2026. Algo Trading Systems LLC.