QQQ PowerShares QQQ Weekly Chart Analysis: 2026-Apr-19 18:05 CT
Price Action
- Last: 644.85,
- 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: DTrend,
- (Intermediate-Term) 2. HiLo Trend: UTrend,
- 3. Pvt. Evolve: Pvt low 574.87,
- 4. Pvt. Next: Pvt high 660.00,
- 5. Levels R: 660.00, 637.07, 636.60,
- 6. Levels S: 574.87, 555.60, 535.28, 472.67, 413.07.
Weekly Benchmarks
- (Intermediate-Term) 5 Week: 584.88 Up Trend,
- (Intermediate-Term) 10 Week: 606.34 Up Trend,
- (Long-Term) 20 Week: 608.34 Up Trend,
- (Long-Term) 55 Week: 535.28 Up Trend,
- (Long-Term) 100 Week: 525.39 Up Trend,
- (Long-Term) 200 Week: 440.60 Up Trend.
Overall Rating
- Short-Term: Neutral,
- Intermediate-Term: Bullish,
- Long-Term: Bullish.
Key Insights Summary
The QQQ weekly chart shows a strong long-term uptrend, with all major moving averages (20, 55, 100, 200 week) trending upward and price well above these benchmarks. The most recent price action features a large, fast-momentum bar, indicating heightened volatility and a potential inflection point. Short-term swing pivots have shifted to a downtrend, suggesting a corrective phase or pullback within the broader uptrend, while intermediate-term pivots remain in an uptrend, reflecting underlying strength. Resistance is clustered near recent highs (660, 637), while support is layered below (574, 555, 535), providing clear reference points for future price swings. The neutral stance of the session fib grids across all timeframes signals a period of consolidation or indecision, possibly following a strong rally. Overall, the chart structure favors a bullish intermediate and long-term outlook, with the current short-term neutral rating reflecting the recent corrective move and potential for further consolidation before trend continuation.
Chart Analysis ATS AI Generated: 2026-04-19 18:05 for Informational use only, not trading advice. Terms and Risk Disclosure Copyright © 2026. Algo Trading Systems LLC.