QQQ PowerShares QQQ Daily Chart Analysis: 2026-Apr-13 07:08 CT

Price Action

• Last: 611.07,
• Bars: Large,
• Mom: Momentum fast.

WSFG Weekly

• Short-Term
• WSFG Current: NA%
• F0%/NTZ' Bias: Price Neutral,
• WSFG Trend: Neutral.

MSFG Month Apr

• 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: UTrend,
• 3. Pvt. Evolve: Pvt High 611.07,
• 4. Pvt. Next: Pvt Low 587.95,
• 5. Levels R: 636.60, 634.25, 631.86, 617.83, 611.07,
• 6. Levels S: 599.12, 596.34, 587.95, 555.60.

Daily Benchmarks

• (Short-Term) 5 Day: 595.67 Up Trend,
• (Short-Term) 10 Day: 590.12 Up Trend,
• (Intermediate-Term) 20 Day: 587.96 Up Trend,
• (Intermediate-Term) 55 Day: 608.81 Down Trend,
• (Long-Term) 100 Day: 611.07 Down Trend,
• (Long-Term) 200 Day: 596.34 Up Trend.

Additional Metrics

• ATR: 733,
• VOLMA: 32,709,273.

Overall Rating

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

Key Insights Summary

The QQQ daily chart shows a strong recovery with fast momentum and large bars, indicating aggressive buying pressure off recent lows. Both short-term and intermediate-term swing pivot trends have shifted to uptrends, with the most recent pivot high at 611.07 and the next potential pivot low at 587.95. Resistance levels are stacked above, with the nearest at 617.83 and major resistance at 636.60, while support is layered below at 599.12 and 596.34. Short-term and intermediate-term moving averages are in uptrends, confirming the bullish momentum, though the 55-day and 100-day benchmarks remain in downtrends, suggesting some overhead technical resistance and a need for further confirmation for a sustained long-term reversal. ATR remains elevated, reflecting ongoing volatility, and volume is robust. The overall structure suggests a bullish bias in the short and intermediate term, with the market potentially transitioning out of a corrective phase and into a new swing higher, but with significant resistance levels to monitor as price approaches prior highs.