QQQ PowerShares QQQ Daily Chart Analysis: 2026-Mar-17 07:09 CT
Price Action
- Last: 591.00,
- 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: DTrend,
- (Intermediate-Term) 2. HiLo Trend: HiLo Neutral, Lo-D DTrend,
- 3. Pvt. Evolve: Pvt Low 591.7,
- 4. Pvt. Next: Pvt High 610.11,
- 5. Levels R: 636.6, 636.01, 629.28, 619.29, 610.11,
- 6. Levels S: 591.33, 580.74, 569.84.
Daily Benchmarks
- (Short-Term) 5 Day: 596.24 Down Trend,
- (Short-Term) 10 Day: 602.68 Down Trend,
- (Intermediate-Term) 20 Day: 605.35 Down Trend,
- (Intermediate-Term) 55 Day: 614.82 Down Trend,
- (Long-Term) 100 Day: 600.38 Down Trend,
- (Long-Term) 200 Day: 591.00 Down Trend.
Additional Metrics
- ATR: 733,
- VOLMA: 32,709,273.
Overall Rating
- Short-Term: Bearish,
- Intermediate-Term: Bearish,
- Long-Term: Bearish.
Key Insights Summary
The QQQ daily chart is showing a clear bearish structure across all timeframes. Price action is currently at 591.00, with medium-sized bars and slow momentum, indicating a lack of aggressive selling but persistent downward pressure. All benchmark moving averages (from short to long-term) are trending down, confirming the prevailing bearish sentiment. The swing pivot summary highlights a dominant downtrend in both short and intermediate terms, with the most recent pivot low at 591.7 and the next potential reversal only above 610.11. Resistance levels are stacked above, while support is thin and close to current price, suggesting vulnerability to further downside. The ATR remains elevated, reflecting ongoing volatility, while volume is moderate. The market appears to be in a corrective phase, with no clear signs of reversal or stabilization yet. This environment is characterized by lower highs and lower lows, with price consolidating near support and no bullish catalysts evident in the technicals.
Chart Analysis ATS AI Generated: 2026-03-17 07:09 for Informational use only, not trading advice. Terms and Risk Disclosure Copyright © 2026. Algo Trading Systems LLC.