QQQ PowerShares QQQ Weekly Chart Analysis: 2026-Apr-23 07:06 CT
Price Action
- Last: 655.11,
- 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 655.11,
- 4. Pvt. Next: Pvt low 609.82,
- 5. Levels R: 655.11,
- 6. Levels S: 609.82, 571.51, 555.60, 442.67, 413.07, 342.35.
Weekly Benchmarks
- (Intermediate-Term) 5 Week: 609.82 Up Trend,
- (Intermediate-Term) 10 Week: 602.04 Up Trend,
- (Long-Term) 20 Week: 577.01 Up Trend,
- (Long-Term) 55 Week: 571.51 Up Trend,
- (Long-Term) 100 Week: 517.25 Up Trend,
- (Long-Term) 200 Week: 442.47 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 making a new swing high at 655.11. Momentum is fast and bars are large, indicating strong participation and conviction in the current move. All benchmark moving averages from short to long term are trending upward, confirming the underlying strength. The swing pivot summary highlights an uptrend in both short- and intermediate-term trends, with the next key support at 609.82 and further downside levels at 571.51 and 555.60. Resistance is currently defined by the recent high. The price is well above all major moving averages, and the NTZ (neutral zone) bias remains neutral, suggesting no immediate overextension. The chart reflects a classic trend continuation environment, with higher highs and higher lows, and no significant reversal signals present. This setup is characteristic of a strong trending phase, often seen in the later stages of a rally or during a breakout phase, with volatility elevated but controlled.
Chart Analysis ATS AI Generated: 2026-04-23 07:07 for Informational use only, not trading advice. Terms and Risk Disclosure Copyright © 2026. Algo Trading Systems LLC.