QQQ PowerShares QQQ Daily Chart Analysis: 2026-May-13 07:05 CT

Price Action

WSFG Weekly

MSFG Month May

YSFG Year 2026

Swing Pivots

Daily Benchmarks

Additional Metrics

Overall Rating

Key Insights Summary

QQQ remains in a powerful higher-timeframe advance, with price holding well above the 20, 55, 100, and 200-day benchmarks and the long-term moving average stack still pointed higher. The daily structure shows a sharp breakout and trend extension into the 710s, followed by a pullback from the 714.59 resistance area into the 696.84 pivot-low zone, which shifts the short-term pivot state to DTrend while the broader HiLo structure stays constructive. The May monthly session box is still acting as a consolidation-to-breakout framework after the prior April base, and the chart continues to reflect a strong impulsive rally with a recent test-and-reject at the highs rather than a trend breakdown. Volatility is elevated but orderly, and the dominant theme is still trend continuation with a near-term countertrend retracement inside an established bullish larger-cycle structure.


Chart Analysis ATS AI Generated: 2026-05-13 07:05 for Informational use only, not trading advice. Terms and Risk Disclosure Copyright © 2026. Algo Trading Systems LLC.