QQQ PowerShares QQQ Daily Chart Analysis: 2026-Apr-14 07:08 CT

Price Action

Last: 617.39,
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 617.39,
4. Pvt. Next: Pvt low 604.74,
5. Levels R: 636.60, 626.04, 620.74, 617.39,
6. Levels S: 599.55, 596.70, 588.64, 555.60.

Daily Benchmarks

(Short-Term) 5 Day: 608.08 Up Trend,
(Short-Term) 10 Day: 599.55 Up Trend,
(Intermediate-Term) 20 Day: 588.64 Up Trend,
(Intermediate-Term) 55 Day: 608.83 Down Trend,
(Long-Term) 100 Day: 599.55 Up Trend,
(Long-Term) 200 Day: 596.70 Up Trend.

Additional Metrics

ATR: 733,
VOLMA: 32709273.

Overall Rating

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

Key Insights Summary

The QQQ daily chart shows a strong recovery and momentum surge, with price breaking out from recent lows and printing a large bullish bar. The short-term and intermediate-term swing pivot trends have shifted to UTrend, confirming a reversal from the prior downtrend. Price is now testing resistance levels near 617.39, with further resistance at 620.74 and 626.04. Support is well-defined below at 599.55 and 588.64, with the major swing low at 555.60. All short and long-term moving averages except the 55-day are in uptrends, reinforcing the bullish bias. The ATR is elevated, indicating increased volatility, while volume remains robust. The overall structure suggests a V-shaped recovery, with the potential for continued upside if resistance levels are cleared. The market is transitioning from a period of consolidation and pullback into a renewed uptrend, with higher lows and strong momentum characterizing the current phase.