
QQQ PowerShares QQQ Daily Chart Analysis: 2026-Mar-02 07:09 CT
Price Action
- Last: 607.29,
- Bars: Medium,
- Mom: Momentum slow.
WSFG Weekly
- Short-Term
- WSFG Current: NA%
- F0%/NTZ' Bias: Price Neutral,
- WSFG Trend: Neutral.
MSFG Month Mar
- 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: UTrend,
- (Intermediate-Term) 2. HiLo Trend: DTrend,
- 3. Pvt. Evolve: Pvt High 618.98,
- 4. Pvt. Next: Pvt Low 591.21,
- 5. Levels R: 637.01, 636.60, 618.98, 607.21,
- 6. Levels S: 593.34, 580.74.
Daily Benchmarks
- (Short-Term) 5 Day: 606.88 Down Trend,
- (Short-Term) 10 Day: 610.12 Down Trend,
- (Intermediate-Term) 20 Day: 612.99 Down Trend,
- (Intermediate-Term) 55 Day: 614.65 Down Trend,
- (Long-Term) 100 Day: 586.16 Up Trend,
- (Long-Term) 200 Day: 550.10 Up Trend.
Additional Metrics
- ATR: 733,
- VOLMA: 32,709,273.
Overall Rating
- Short-Term: Neutral,
- Intermediate-Term: Bearish,
- Long-Term: Bullish.
Key Insights Summary
The QQQ daily chart currently reflects a market in transition. Price action is consolidating with medium-sized bars and slow momentum, indicating a lack of strong directional conviction. The short-term swing pivot trend has shifted to an uptrend, but the intermediate-term HiLo trend remains in a downtrend, highlighting mixed signals across timeframes. Resistance is clustered near recent highs (637.01, 636.60), while support is established at 593.34 and 580.74, suggesting a defined trading range. All short- and intermediate-term moving averages are trending down, reinforcing the intermediate-term bearish bias, while the long-term 100 and 200-day MAs remain in uptrends, supporting a bullish outlook for the broader trend. Volatility (ATR) is elevated, and volume remains robust, which could precede larger moves once a breakout occurs. Overall, the market is in a consolidation phase, with short-term neutral, intermediate-term bearish, and long-term bullish signals. Futures swing traders may interpret this as a period to watch for range expansion or trend confirmation, as the market digests recent volatility and awaits a catalyst for the next directional move.
Chart Analysis ATS AI Generated: 2026-03-02 07:09 for Informational use only, not trading advice. Terms and Risk Disclosure Copyright © 2026. Algo Trading Systems LLC.