QQQ PowerShares QQQ Weekly Chart Analysis: 2026-Feb-22 18:05 CT

Price Action

• Last: 603.63,
• 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, 629.83,
• 6. Levels S: 568.64, 529.77, 472.35.

Weekly Benchmarks

• (Intermediate-Term) 5 Week: 615.44 Down Trend,
• (Intermediate-Term) 10 Week: 611.34 Down Trend,
• (Long-Term) 20 Week: 583.04 Up Trend,
• (Long-Term) 55 Week: 529.77 Up Trend,
• (Long-Term) 100 Week: 512.74 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 pullback from all-time highs, with price currently consolidating below the recent swing high at 636.60. Short-term momentum has shifted to the downside, as indicated by the downtrend in both the 5- and 10-week moving averages and the current swing pivot trend. However, intermediate-term structure remains neutral, with no clear directional bias from the monthly session grid or HiLo trend. Long-term outlook is still bullish, supported by all major long-term moving averages (20, 55, 100, and 200 week) trending upward and well below current price, suggesting underlying strength. Key resistance is clustered near the recent highs (637.01, 636.60), while support levels are found at 568.64 and further below at 529.77. The market appears to be in a corrective phase within a broader uptrend, with price action reflecting a pause or retracement after a strong rally. Volatility has increased, and the current environment favors monitoring for potential trend continuation or deeper retracement setups as the market digests recent gains.