QQQ PowerShares QQQ Daily Chart Analysis: 2026-Apr-22 07:07 CT

Price Action

• Last: 644.33,
• 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 644.33,
• 4. Pvt. Next: Pvt Low 620.49,
• 5. Levels R: 644.33, 632.04, 620.49,
• 6. Levels S: 555.60.

Daily Benchmarks

• (Short-Term) 5 Day: 631.56 Up Trend,
• (Short-Term) 10 Day: 620.24 Up Trend,
• (Intermediate-Term) 20 Day: 601.24 Up Trend,
• (Intermediate-Term) 55 Day: 611.18 Down Trend,
• (Long-Term) 100 Day: 603.19 Down Trend,
• (Long-Term) 200 Day: 599.37 Up Trend.

Additional Metrics

• ATR: 733,
• VOLMA: 32709273.

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 price bars, indicating aggressive buying pressure after a significant swing low at 555.60. The short-term and intermediate-term pivot trends have shifted to uptrends, confirmed by the most recent pivot high at 644.33. All short-term and most intermediate-term moving averages are in uptrends, supporting the bullish case, while the 55-day and 100-day MAs remain in downtrends, suggesting some lagging resistance from prior weakness. The 200-day MA has turned up, reinforcing a longer-term stabilization. Volatility remains elevated (ATR: 733), and volume is robust, reflecting strong participation in the recent rally. The price has broken above multiple resistance levels, with the next key support far below at 555.60, highlighting the magnitude of the recent move. The overall structure suggests a transition from a corrective phase to a new bullish swing, with the market potentially entering a new trend leg higher, though some consolidation or pullback could occur after such a sharp advance.