QQQ PowerShares QQQ Daily Chart Analysis: 2026-May-05 07:05 CT

Price Action

• Last: 672.88,
• 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 676.73,
• 4. Pvt. Next: Pvt Low 661.65,
• 5. Levels R: 676.73,
• 6. Levels S: 555.60, 551.68, 523.65, 511.93, 505.58.

Daily Benchmarks

• (Short-Term) 5 Day: 665.05 Up Trend,
• (Short-Term) 10 Day: 658.68 Up Trend,
• (Intermediate-Term) 20 Day: 638.20 Up Trend,
• (Intermediate-Term) 55 Day: 621.94 Up Trend,
• (Long-Term) 100 Day: 615.00 Up Trend,
• (Long-Term) 200 Day: 604.08 Up Trend.

Additional Metrics

• ATR: 821,
• VOLMA: 59000000.

Overall Rating

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

Key Insights Summary

QQQ is in a strong trend continuation phase with price pressing into fresh highs after a sharp April recovery and vertical May breakout. Daily structure remains firmly constructive with the pivot trend and hi/lo trend both in UTrend, while the benchmark stack is fully aligned above rising 20, 55, 100, and 200 day averages. The monthly fib grid is being reclaimed from the lower NTZ area into expansion territory, and the current price action shows a clean momentum leg rather than a mean-reversion setup. The broader tape reflects a higher-high, higher-low sequence with resistance cleared near prior pivot highs, leaving the tape in a bullish swing regime across short, intermediate, and long horizons.