QQQ PowerShares QQQ Weekly Chart Analysis: 2026-Feb-20 07:14 CT

Price Action

• Last: 603.47,
• 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, 623.25,
• 6. Levels S: 568.64, 513.07, 472.67, 429.06.

Weekly Benchmarks

• (Intermediate-Term) 5 Week: 615.44 Down Trend,
• (Intermediate-Term) 10 Week: 617.17 Down Trend,
• (Long-Term) 20 Week: 613.14 Down Trend,
• (Long-Term) 55 Week: 556.94 Up Trend,
• (Long-Term) 100 Week: 522.70 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 recent loss of upward momentum, with price pulling back from a swing high at 636.60 and currently trading at 603.47. Short-term and intermediate-term moving averages (5, 10, and 20 week) have all turned down, reflecting a shift to a corrective phase after a strong rally. The short-term swing pivot trend is down, and the next key support is at 568.64, with further support at 513.07 and 472.67. Resistance is clustered near recent highs at 636.60 and 637.01. Despite the short-term pullback, long-term moving averages (55, 100, 200 week) remain in uptrends, indicating the broader bullish structure is intact. The market is currently consolidating within a neutral Fib grid zone, suggesting indecision and potential for further choppy price action. Futures swing traders will note the transition from a trending to a corrective environment, with the potential for either a deeper retracement or a resumption of the primary uptrend depending on how price reacts to the key support and resistance levels in the coming weeks.