
QQQ PowerShares QQQ Weekly Chart Analysis: 2026-May-11 07:06 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 558.59,
- 5. Levels R: 711.23,
- 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 remains in a dominant multi-timeframe uptrend with price pressing to a fresh swing high at 711.23 and holding well above all benchmark moving averages, which are stacked positively and rising. The weekly structure shows a strong trend continuation profile, with prior pullbacks resolving into higher lows and strong recovery legs, including the sharp rebound from the 2026 swing low near 558.59. The pivot framework confirms bullish trend persistence, while the higher-timeframe fib zones show price trading near the upper edge of the yearly range, reflecting extended but still trend-supported conditions. From a futures swing trader viewpoint, the tape is controlled by trend continuation, with prior resistance levels converted into support and momentum staying fast as the move expands toward the top of the historical swing ladder.
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.