QQQ PowerShares QQQ Weekly Chart Analysis: 2026-May-12 07:06 CT

Price Action

• Last: 713.29,
• 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 714.59,
• 4. Pvt. Next: Pvt Low 680.53,
• 5. Levels R: 714.59,
• 6. Levels S: 555.60, 422.67, 413.07, 342.35, 285.19.

Weekly Benchmarks

• (Short-Term) 5 Day: 681.84 Up Trend,
• (Short-Term) 10 Day: 623.23 Up Trend,
• (Intermediate-Term) 20 Day: 619.47 Up Trend,
• (Intermediate-Term) 55 Day: 588.48 Up Trend,
• (Long-Term) 100 Day: 544.02 Up Trend,
• (Long-Term) 200 Day: 448.35 Up Trend.

Overall Rating

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

Key Insights Summary

QQQ is in a strong weekly uptrend with price pressing the upper end of the 2026 pivot structure and sitting well above all benchmark moving averages. The swing pivot model remains constructive with both the current pivot trend and HiLo trend in UTrend, while the next pivot focus is a lower swing low at 680.53 after the latest high near 714.59. The benchmark stack is fully aligned upward from the 5-day through the 200-day, confirming a broad multi-timeframe bullish regime. The weekly candles are large and momentum is fast, reflecting a trending market with strong directional follow-through after the prior spring advance and recovery pattern. The chart shows repeated higher highs and higher lows across the 2023 through 2026 cycle, with the most recent move testing the top of the yearly NTZ area near the highs.