
QQQ PowerShares QQQ Daily Chart Analysis: 2026-May-01 07:05 CT
Price Action
- Last: 670.00,
- Bars: Large,
- Mom: fast.
WSFG Weekly
- Short-Term
- WSFG Current: NA%
- F0%/NTZ' Bias: Price Neutral,
- WSFG Trend: Neutral.
MSFG Month May
- 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 668.90,
- 4. Pvt. Next: Pvt Low 653.46,
- 5. Levels R: 668.90,
- 6. Levels S: 555.60, 551.68, 523.65, 511.93, 505.58.
Daily Benchmarks
- (Short-Term) 5 Day: 659.73 Up Trend,
- (Short-Term) 10 Day: 653.42 Up Trend,
- (Intermediate-Term) 20 Day: 629.57 Up Trend,
- (Intermediate-Term) 55 Day: 618.24 Up Trend,
- (Long-Term) 100 Day: 614.06 Up Trend,
- (Long-Term) 200 Day: 602.95 Up Trend.
Additional Metrics
- ATR: 733,
- VOLMA: 32709273.
Overall Rating
- Short-Term: Bullish,
- Intermediate-Term: Bullish,
- Long-Term: Bullish.
Key Insights Summary
QQQ is in a strong upside swing sequence after a sharp V-shaped reversal from the April low near 555.60, followed by a clean expansion leg into fresh highs near 670.00. Price is holding well above the 5, 10, 20, 55, 100, and 200 day benchmarks, with all benchmark trends aligned higher, which keeps the trend structure firmly bullish across timeframes. The pivot structure remains in UTrend, and the higher-high / higher-low progression confirms continuation rather than mean reversion. The monthly session fib grid has been reclaimed and price is trading above the central recovery zone, while the recent breakout has widened the range and reinforced strong momentum with elevated participation.
Chart Analysis ATS AI Generated: 2026-05-01 07:05 for Informational use only, not trading advice. Terms and Risk Disclosure Copyright © 2026. Algo Trading Systems LLC.