QQQ PowerShares QQQ Daily Chart Analysis: 2026-May-18 07:05 CT

Price Action

• Last: 709.00,
• 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: HiLo Neutral,
• 3. Pvt. Evolve: Pvt High 722.03,
• 4. Pvt. Next: Pvt Low 705.47,
• 5. Levels R: 722.03,
• 6. Levels S: 696.64, 555.60.

Daily Benchmarks

• (Short-Term) 5 Day: 713.20 Up Trend,
• (Short-Term) 10 Day: 698.56 Up Trend,
• (Intermediate-Term) 20 Day: 677.35 Up Trend,
• (Intermediate-Term) 55 Day: 644.45 Up Trend,
• (Long-Term) 100 Day: 622.63 Up Trend,
• (Long-Term) 200 Day: 610.25 Up Trend.

Additional Metrics

• ATR: 733,
• VOLMA: 32709273.

Overall Rating

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

Key Insights Summary

QQQ remains in a strong impulsive advance with a steep late-stage breakout structure, large daily bars, and fast momentum. The short-term pivot trend is still upward, with price pressing into fresh highs above the prior swing resistance at 722.03 after a sharp V-shaped recovery from the April low. Intermediate structure is constructive as price holds well above the rising 20-day, 55-day, 100-day, and 200-day benchmarks, keeping the broader trend aligned to the upside. The current action shows a strong trend-continuation profile with elevated expansion in range and volume, while the latest pivot map highlights nearby resistance at the recent high and support at 705.47 and 696.64. The broader tape reflects a trending market rather than a congested one, with pullbacks being shallow relative to the prior advance.