QQQ PowerShares QQQ Weekly Chart Analysis: 2026-Apr-20 07:05 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: UTrend,
(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, 472.67, 413.07.

Weekly Benchmarks

(Intermediate-Term) 5 Week: 588.88 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: 478.12 Up Trend,
(Long-Term) 200 Week: 440.60 Up Trend.

Overall Rating

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

Key Insights Summary

The QQQ weekly chart shows a strong bullish structure across all timeframes, with price recently rebounding sharply from a significant swing low at 574.87. The current bar is large and momentum is fast, indicating aggressive buying interest. All benchmark moving averages (5, 10, 20, 55, 100, and 200 week) are trending upward, confirming the underlying strength. Swing pivot analysis highlights a clear uptrend in both short- and intermediate-term trends, with resistance levels at 660.00 and 637.07, and support at 574.87 and 555.60. The price is currently within a neutral NTZ zone on the yearly session fib grid, suggesting a consolidation phase after a strong rally, but the overall structure remains constructive. The chart reflects a market that has recovered from recent pullbacks and is testing previous highs, with higher lows and higher highs supporting the bullish outlook. Volatility is elevated, but the trend remains intact, favoring continuation patterns over reversal setups at this stage.