QQQ PowerShares QQQ Weekly Chart Analysis: 2026-May-01 07:05 CT

Price Action

• Last: 667.74,
• 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 618.96,
• 5. Levels R: 668.90,
• 6. Levels S: 555.60, 422.67, 413.07, 342.35, 285.19.

Weekly Benchmarks

• (Short-Term) 5 Day: 614.27 Up Trend,
• (Short-Term) 10 Day: 606.3 Up Trend,
• (Intermediate-Term) 20 Day: 611.72 Up Trend,
• (Intermediate-Term) 55 Day: 580.6 Up Trend,
• (Long-Term) 100 Day: 539.31 Up Trend,
• (Long-Term) 200 Day: 444.31 Up Trend.

Overall Rating

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

Key Insights Summary

QQQ remains in a firm weekly uptrend with price pressing into the upper end of the 2026 yearly swing range and sitting above all benchmark moving averages. The latest impulse has been strong enough to push price back toward the prior swing high at 668.90, keeping the pivot structure constructive with higher highs and higher lows intact. The intermediate and long-term trend stack is supportive, with the 5, 10, 20, 55, 100, and 200 day benchmarks all rising and price positioned above them, which reflects persistent trend continuity rather than a broad consolidation phase. The chart shows a prior sharp retracement followed by a recovery back into the upper range, highlighting a completed corrective leg and renewed upside continuation. The current swing context is dominated by bullish momentum, with the next meaningful reference on the downside marked by the 618.96 pivot low and deeper support layers well below, while overhead price is testing the prior high zone.