QQQ PowerShares QQQ Daily Chart Analysis: 2026-Apr-15 07:08 CT
Price Action
- Last: 628.60,
- 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 628.60,
- 4. Pvt. Next: Pvt Low 610.10,
- 5. Levels R: 636.60, 628.60, 620.00, 606.88,
- 6. Levels S: 589.82, 589.08, 555.60.
Daily Benchmarks
- (Short-Term) 5 Day: 606.67 Up Trend,
- (Short-Term) 10 Day: 602.44 Up Trend,
- (Intermediate-Term) 20 Day: 597.08 Up Trend,
- (Intermediate-Term) 55 Day: 600.18 Down Trend,
- (Long-Term) 100 Day: 608.92 Down Trend,
- (Long-Term) 200 Day: 589.82 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 bullish reversal with fast momentum and large bars, indicating aggressive buying pressure off the recent swing low at 555.60. Both short-term and intermediate-term swing pivot trends have shifted to UTrend, confirming a new upswing phase. Price has surged above key moving averages (5, 10, 20, and 200-day), while the 55 and 100-day MAs remain in downtrend, suggesting the longer-term trend is still neutralizing after a corrective phase. Resistance is stacked above at 628.60 and 636.60, with support at 589.82 and 555.60. The ATR remains elevated, reflecting ongoing volatility, and volume is robust, supporting the move. The market is in a recovery phase, with potential for further upside if resistance levels are cleared, but the longer-term trend has yet to fully confirm a sustained bull market. The environment is characterized by a sharp V-shaped recovery, with the potential for consolidation or a retest of support if momentum fades.
Chart Analysis ATS AI Generated: 2026-04-15 07:08 for Informational use only, not trading advice. Terms and Risk Disclosure Copyright © 2026. Algo Trading Systems LLC.