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

Price Action

• Last: 601.30,
• 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: Neutral,
• 3. Pvt. Evolve: Pvt high 636.60,
• 4. Pvt. Next: Pvt low 568.64,
• 5. Levels R: 637.01, 636.60, 629.14,
• 6. Levels S: 568.64, 513.07, 472.35, 429.06.

Weekly Benchmarks

• (Intermediate-Term) 5 Week: 615.48 Down Trend,
• (Intermediate-Term) 10 Week: 617.74 Down Trend,
• (Long-Term) 20 Week: 613.40 Down Trend,
• (Long-Term) 55 Week: 552.94 Up Trend,
• (Long-Term) 100 Week: 529.70 Up Trend,
• (Long-Term) 200 Week: 429.06 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 shifting to the downside as indicated by the recent swing pivot high at 636.60 and a developing downtrend in the short-term pivot structure. Price is currently consolidating below recent highs, with medium-sized bars and average momentum suggesting a pause after a strong prior advance. The intermediate-term trend is neutral, with the 5, 10, and 20-week moving averages all turning down, reflecting a loss of upside momentum and a potential for further retracement or sideways action. However, the long-term structure remains bullish, supported by rising 55, 100, and 200-week moving averages, and a series of higher swing lows. Key resistance is clustered near 637, while support levels are well-defined at 568, 513, and 472. The market appears to be digesting gains, with the potential for a deeper pullback or consolidation phase before the next directional move. No clear breakout or breakdown is evident, and the overall environment is one of consolidation within a longer-term uptrend.