QQQ PowerShares QQQ Weekly Chart Analysis: 2026-Feb-27 07:07 CT

Price Action

Last: 609.24,
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 570.07,
5. Levels R: 637.01, 636.60,
6. Levels S: 570.07, 522.35, 472.67, 342.35.

Weekly Benchmarks

(Intermediate-Term) 5 Week: 612.00 Down Trend,
(Intermediate-Term) 10 Week: 610.94 Down Trend,
(Long-Term) 20 Week: 613.68 Down Trend,
(Long-Term) 55 Week: 577.07 Up Trend,
(Long-Term) 100 Week: 524.32 Up Trend,
(Long-Term) 200 Week: 430.47 Up Trend.

Overall Rating

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

Key Insights Summary

The QQQ weekly chart shows a recent shift in short-term momentum, with price pulling back from the recent swing high at 636.60 and now trading at 609.24. The short-term swing pivot trend is down, confirmed by the 5, 10, and 20-week moving averages all turning lower, indicating a corrective phase after a strong rally. However, intermediate-term structure remains neutral, with no clear directional bias from the HiLo trend or monthly session grid. Long-term structure is still bullish, as the 55, 100, and 200-week moving averages continue to trend upward, and higher support levels are holding. Key resistance is clustered near the recent highs (636.60–637.01), while support is layered at 570.07 and further below at 522.35 and 472.67. The market appears to be in a consolidation or corrective phase within a broader uptrend, with volatility and choppy price action likely as it tests support zones. No clear breakout or breakdown is evident, suggesting a period of digestion after a significant advance.