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

Price Action

• Last: 695.77,
• 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 695.93,
• 4. Pvt. Next: Pvt Low 681.11,
• 5. Levels R: 695.93,
• 6. Levels S: 655.60, 551.68, 523.65, 511.93, 505.58.

Daily Benchmarks

• (Short-Term) 5 Day: 671.59 Up Trend,
• (Short-Term) 10 Day: 665.01 Up Trend,
• (Intermediate-Term) 20 Day: 647.07 Up Trend,
• (Intermediate-Term) 55 Day: 625.82 Up Trend,
• (Long-Term) 100 Day: 616.05 Up Trend,
• (Long-Term) 200 Day: 605.24 Up Trend.

Additional Metrics

• ATR: 27.78,
• VOLMA: 32709273.

Overall Rating

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

Key Insights Summary

QQQ is in a strong trend continuation phase with a fast upside momentum profile, large daily bars, and price pressing into fresh highs near the top of the pivot structure. The short-term pivot trend and the broader hi/lo trend are both upward, while all benchmark moving averages from 5-day through 200-day are aligned in rising order, confirming broad trend strength across timeframes. The monthly session structure remains constructive with price well above the midline area, and the recent vertical rally shows a breakout-style expansion after the April base and rebound. From a futures swing trader view, the tape reflects a trend-led market with higher highs and higher lows, limited overhead resistance, and prior consolidation zones now acting as support references below.