QQQ PowerShares QQQ Weekly Chart Analysis: 2026-May-20 07:05 CT

Price Action

• Last: 722.03,
• 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 722.03,
• 4. Pvt. Next: Pvt Low 587.25,
• 5. Levels R: 722.03,
• 6. Levels S: 555.60, 422.67, 413.07, 342.35, 285.19.

Weekly Benchmarks

• (Short-Term) 5 Day: 681.41 Up Trend,
• (Short-Term) 10 Day: 634.14 Up Trend,
• (Intermediate-Term) 20 Day: 623.72 Up Trend,
• (Intermediate-Term) 55 Day: 592.78 Up Trend,
• (Long-Term) 100 Day: 548.32 Up Trend,
• (Long-Term) 200 Day: 450.44 Up Trend.

Overall Rating

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

Key Insights Summary

QQQ remains in a strong weekly uptrend with price pressing into fresh highs near 722.03 after a sharp expansion leg higher. The pivot structure is still constructive, with the short-term and intermediate-term swing trends aligned to the upside and the latest pivot evolving from a high, which keeps the tape in breakout mode rather than mean-reversion mode. The benchmark stack is cleanly bullish, with all listed weekly moving averages rising in sequence and price well above the 20, 55, 100, and 200 day benchmarks, confirming broad trend continuation. The larger weekly candles and fast momentum reflect a strong directional phase, while the year, month, and week session fib structures remain secondary to the dominant upside trend. The chart shows repeated higher highs and higher lows, with prior pullbacks finding support above the rising moving-average shelf and then resuming higher, a classic trend-continuation profile.