QQQ PowerShares QQQ Daily Chart Analysis: 2026-May-08 07:05 CT

Price Action

• Last: 700.00,
• 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 701.24,
• 4. Pvt. Next: Pvt Low 688.52,
• 5. Levels R: 701.24,
• 6. Levels S: 555.60, 551.68, 523.65, 511.93, 505.58.

Daily Benchmarks

• (Short-Term) 5 Day: 678.43 Up Trend,
• (Short-Term) 10 Day: 689.08 Up Trend,
• (Intermediate-Term) 20 Day: 651.55 Up Trend,
• (Intermediate-Term) 55 Day: 628.32 Up Trend,
• (Long-Term) 100 Day: 616.73 Up Trend,
• (Long-Term) 200 Day: 605.90 Up Trend.

Additional Metrics

• ATR: 733,
• VOLMA: 32709273.

Overall Rating

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

Key Insights Summary

QQQ is in a strong upside expansion phase after a sharp V-shaped recovery from the April low area, with price pressing into new swing-high territory near 700. The short-term swing pivot structure remains in UTrend, the HiLo trend is also UTrend, and the benchmark stack is fully aligned in rising order from the 5-day through the 200-day. That combination reflects broad trend cohesion across timeframes. The May monthly NTZ is positioned lower than current price, showing price has advanced out of the neutral zone and is trading near the upper end of the current monthly range. Momentum is fast, candle range is large, and the recent sequence features persistent higher highs and higher lows with a clean breakout leg. The main technical feature is trend continuation, not consolidation, with price holding well above the 20/55/100/200-day averages and the prior pivot resistance now acting as the nearest reference zone.