
QQQ PowerShares QQQ Daily Chart Analysis: 2026-Apr-29 07:06 CT
Price Action
- Last: 657.55,
- Bars: Large,
- Mom: 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 664.51,
- 4. Pvt. Next: Pvt Low 648.09,
- 5. Levels R: 664.51,
- 6. Levels S: 555.60, 551.68, 523.65, 511.93, 505.58.
Daily Benchmarks
- (Short-Term) 5 Day: 655.79 Up Trend,
- (Short-Term) 10 Day: 648.11 Up Trend,
- (Intermediate-Term) 20 Day: 620.38 Up Trend,
- (Intermediate-Term) 55 Day: 615.11 Up Trend,
- (Long-Term) 100 Day: 613.32 Up Trend,
- (Long-Term) 200 Day: 601.90 Up Trend.
Additional Metrics
- ATR: 884,
- VOLMA: 61000000.
Overall Rating
- Short-Term: Bullish,
- Intermediate-Term: Bullish,
- Long-Term: Bullish.
Key Insights Summary
QQQ is trading in a strong upside extension after a sharp V-shaped recovery from the early-April low near 555.60, with the current price pushing well above all benchmark moving averages and holding a fast momentum profile. The pivot structure remains in UTrend on both the short-term and intermediate-term views, confirming the current sequence of higher highs and higher lows. Price is now near the upper end of the recent expansion range, with the prior pivot high at 664.51 marking the next visible resistance reference and the move reflecting a clean continuation phase rather than a consolidation phase. Trend alignment across the 5, 10, 20, 55, 100, and 200 day benchmarks is uniformly positive, while the broader session grids are neutral to price because the advance has moved out of the central fib zones and into trend-extension territory. Volatility and volume remain active, consistent with a strong directional swing environment.
Chart Analysis ATS AI Generated: 2026-04-29 07:06 for Informational use only, not trading advice. Terms and Risk Disclosure Copyright © 2026. Algo Trading Systems LLC.