QQQ PowerShares QQQ Daily Chart Analysis: 2026-Jun-05 07:05 CT

Price Action

Last: 748.65,
Bars: Large,
Mom: Fast.

WSFG Weekly

Short-Term
WSFG Current: NA%
F0%/NTZ' Bias: Price Neutral,
WSFG Trend: Neutral.

MSFG Month Jun

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 748.65,
4. Pvt. Next: Pvt Low 730.89,
5. Levels R: 748.65,
6. Levels S: 695.25, 555.60, 551.68, 523.65, 511.93.

Daily Benchmarks

(Short-Term) 5 Day: 744.14 Up Trend,
(Short-Term) 10 Day: 731.19 Up Trend,
(Intermediate-Term) 20 Day: 719.26 Up Trend,
(Intermediate-Term) 55 Day: 675.63 Up Trend,
(Long-Term) 100 Day: 636.32 Up Trend,
(Long-Term) 200 Day: 620.32 Up Trend.

Additional Metrics

ATR: 27.81,
VOLMA: 32709273.

Overall Rating

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

Key Insights Summary

QQQ is in a strong trend continuation phase with price pushing into fresh highs after a sharp April reversal and a persistent stair-step rally through May into early June. The swing structure remains firmly UTrend on both the pivot and HiLo measures, and the benchmark stack is fully aligned in bullish order, with price above the 5, 10, 20, 55, 100, and 200 day averages. Momentum is fast and the bars are large, matching an expansionary breakout regime rather than a mean-reversion phase. The monthly session fib area for June is being tested near the upper end of the range, while the prior pivot high at 748.65 defines the current reference point and the next lower pivot at 730.89 marks the immediate swing support structure. Longer-term structure remains constructive with no bearish benchmark deterioration visible, and the chart overall reflects a strong trend, shallow pullback behavior, higher lows, and breakout continuation conditions.