QQQ PowerShares QQQ Weekly Chart Analysis: 2026-May-06 07:06 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 631.17,
• 5. Levels R: 682.77,
• 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: 614.76 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 pressing into fresh weekly highs with a large, fast momentum candle and a confirmed up-pivot structure. The pivot trend and HiLo trend are both UTrend, and price remains well above all benchmark moving averages, reinforcing a persistent bullish stack across timeframes. The weekly structure shows a strong trending advance with prior pullbacks resolving into higher highs and higher lows, while the most recent pivot high near 682.77 stands as the immediate reference above current price action. The broader swing map remains constructive, with long-term support levels far below current trade, reflecting a mature but still dominant uptrend.