QQQ PowerShares QQQ Daily Chart Analysis: 2026-Apr-16 07:07 CT

Price Action

• Last: 637.40,
• 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 637.83,
• 4. Pvt. Next: Pvt Low 618.25,
• 5. Levels R: 637.83, 636.60, 633.85, 629.63, 623.08,
• 6. Levels S: 618.25, 601.24, 591.23, 555.60.

Daily Benchmarks

• (Short-Term) 5 Day: 614.67 Up Trend,
• (Short-Term) 10 Day: 601.24 Up Trend,
• (Intermediate-Term) 20 Day: 591.23 Up Trend,
• (Intermediate-Term) 55 Day: 601.24 Down Trend,
• (Long-Term) 100 Day: 609.17 Down Trend,
• (Long-Term) 200 Day: 597.49 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 a fast momentum surge and large bars, indicating aggressive buying pressure. The short-term and intermediate-term swing pivot trends have shifted to UTrend, with the most recent pivot high at 637.83, and the next potential pivot low at 618.25. Resistance levels are stacking above, but price has broken through several key zones, suggesting a possible continuation if momentum persists. All short-term and intermediate-term moving averages are in uptrends, while the 55 and 100-day benchmarks remain in downtrends, reflecting a lag in longer-term sentiment. The 200-day MA has turned up, supporting a neutral-to-positive long-term outlook. ATR is elevated, confirming increased volatility, and volume is robust, supporting the move. The market appears to be in a V-shaped recovery after a significant sell-off, with price reclaiming major support and resistance levels. The overall structure suggests a transition from consolidation to a potential new uptrend, but longer-term confirmation is still developing.