QQQ PowerShares QQQ Weekly Chart Analysis: 2026-May-05 07:06 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 625.77,
• 5. Levels R: 676.73,
• 6. Levels S: 555.60, 422.67, 413.07, 342.35, 285.19.

Weekly Benchmarks

• (Short-Term) 5 Day: 636.59 Up Trend,
• (Short-Term) 10 Day: 612.83 Up Trend,
• (Intermediate-Term) 20 Day: 614.78 Up Trend,
• (Intermediate-Term) 55 Day: 583.94 Up Trend,
• (Long-Term) 100 Day: 541.54 Up Trend,
• (Long-Term) 200 Day: 446.27 Up Trend.

Overall Rating

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

Key Insights Summary

QQQ is in a dominant weekly uptrend with price pressing near the upper end of the 2026 yearly session fib structure and sitting well above all benchmark moving averages. The pivot structure remains bullish, with higher swing highs and higher swing lows still intact, and the current action showing a strong push back toward the recent resistance zone near 676.73 after a sharp retracement. The benchmark stack is cleanly bullish across short, intermediate, and long horizons, which reinforces trend persistence rather than distribution. From a futures swing trader’s view, the chart reflects a strong trend regime with momentum reasserting after a pullback, while the broader price cycle continues to favor continuation over reversal.