QQQ PowerShares QQQ Daily Chart Analysis: 2026-Apr-19 18:05 CT

Price Action

• Last: 648.85,
• 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 648.00,
• 4. Pvt. Next: Pvt Low 613.04,
• 5. Levels R: 648.85,
• 6. Levels S: 613.04, 606.00, 600.00, 595.00, 590.00, 585.00, 583.65, 555.60.

Daily Benchmarks

• (Short-Term) 5 Day: 629.09 Up Trend,
• (Short-Term) 10 Day: 611.33 Up Trend,
• (Intermediate-Term) 20 Day: 595.22 Up Trend,
• (Intermediate-Term) 55 Day: 603.84 Down Trend,
• (Long-Term) 100 Day: 609.98 Down Trend,
• (Long-Term) 200 Day: 596.38 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 reveals a strong bullish momentum in the short and intermediate term, with price surging to new highs and large, fast-moving bars dominating recent sessions. Both the short-term and intermediate-term swing pivot trends are in UTrend, confirming upward price action, while the most recent pivot high at 648.00 has been surpassed, establishing 648.85 as the new resistance. Support levels are layered below, with the nearest at 613.04, providing a clear structure for potential retracements. All short-term and most intermediate-term moving averages are trending up, reinforcing the bullish bias, though the 55-day and 100-day MAs remain in a downtrend, tempering the long-term outlook to neutral. Volatility is elevated (high ATR), and volume remains robust, supporting the strength of the move. The overall environment suggests a powerful rally phase, likely driven by a combination of technical breakout and possible macro or news catalysts, with the market in a clear trend continuation mode after a significant reversal from the March/April lows. The long-term trend remains neutral, indicating that while the current move is strong, it is still in the process of establishing a sustained long-term uptrend.