
QQQ PowerShares QQQ Daily Chart Analysis: 2026-May-11 07:05 CT
Price Action
- Last: 711.23,
- 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 711.23,
- 4. Pvt. Next: Pvt Low 696.43,
- 5. Levels R: 711.23,
- 6. Levels S: 555.60, 551.68, 523.65, 511.93, 505.58.
Daily Benchmarks
- (Short-Term) 5 Day: 683.87 Up Trend,
- (Short-Term) 10 Day: 673.43 Up Trend,
- (Intermediate-Term) 20 Day: 655.79 Up Trend,
- (Intermediate-Term) 55 Day: 630.70 Up Trend,
- (Long-Term) 100 Day: 617.42 Up Trend,
- (Long-Term) 200 Day: 606.57 Up Trend.
Additional Metrics
- ATR: 763,
- VOLMA: 41000000.
Overall Rating
- Short-Term: Bullish,
- Intermediate-Term: Bullish,
- Long-Term: Bullish.
Key Insights Summary
QQQ is in a powerful upside expansion phase after a sharp V-shaped recovery off the April low, with price accelerating well above every benchmark moving average and pressing into fresh highs at 711.23. The swing structure is firmly UTrend across both short-term and intermediate-term pivot measures, while the current pivot sequence remains in a strong trend-continuation posture with the next downside pivot marked well below at 696.43. Benchmarks are stacked in bullish order and all rising, reinforcing trend persistence rather than range behavior. The recent candle sequence shows large directional bars and fast momentum, consistent with a breakout and continuation environment rather than consolidation, with nearby resistance defined by the latest pivot high and support layered lower at prior pivot and benchmark zones.
Chart Analysis ATS AI Generated: 2026-05-11 07:06 for Informational use only, not trading advice. Terms and Risk Disclosure Copyright © 2026. Algo Trading Systems LLC.