QQQ PowerShares QQQ Weekly Chart Analysis: 2026-May-04 07:06 CT

Price Action

• Last: 674.15,
• 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 675.97,
• 4. Pvt. Next: Pvt Low 625.77,
• 5. Levels R: 675.97,
• 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 strong weekly uptrend with price at 674.15 sitting well above every benchmark moving average, confirming broad trend alignment across short, intermediate, and long horizons. The weekly swing structure stays constructive with UTrend pivot behavior, a higher-high / higher-low sequence, and the latest impulse extending into fresh highs above the 2026 year zone. The chart shows prior consolidation boxes resolving upward, followed by a rapid rally leg that is now pressing into the upper swing pivot area near 675.97. The benchmark stack is fully supportive, with all tracked averages sloping higher and price holding far above the 20, 55, 100, and 200 week references. From a futures swing trader viewpoint, the dominant theme is trend persistence with strong momentum, orderly retracements, and continuation behavior rather than reversal character.