QQQ PowerShares QQQ Daily Chart Analysis: 2026-May-06 07:05 CT

Price Action

• Last: 681.61,
• 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 682.77,
• 4. Pvt. Next: Pvt Low 667.89,
• 5. Levels R: 682.77,
• 6. Levels S: 555.60, 551.68, 523.65, 511.93, 505.58.

Daily Benchmarks

• (Short-Term) 5 Day: 666.78 Up Trend,
• (Short-Term) 10 Day: 661.29 Up Trend,
• (Intermediate-Term) 20 Day: 642.42 Up Trend,
• (Intermediate-Term) 55 Day: 623.76 Up Trend,
• (Long-Term) 100 Day: 615.48 Up Trend,
• (Long-Term) 200 Day: 604.64 Up Trend.

Additional Metrics

• ATR: 27.67,
• VOLMA: 59000000.

Overall Rating

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

Key Insights Summary

QQQ is in a strong upside expansion phase with a large-range rally accelerating into new highs above the prior April recovery zone and the 20/55/100/200 day benchmarks all aligned in upward trends. The swing structure remains constructive with UTrend still intact, the next pivot map pointing to a lower pivot only after the recent high at 682.77, and price holding well above the clustered benchmark stack. The advance reflects a sustained trend continuation off the March/April low, with the market transitioning from a deep selloff into a V-shaped recovery and breakout sequence. Momentum is fast, volatility is elevated, and the current tape favors trend persistence over consolidation, while the long-term structure remains firmly positive.