
QQQ PowerShares QQQ Daily Chart Analysis: 2026-Jun-16 07:05 CT
Price Action
- Last: 744.76,
- 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 744.76,
- 4. Pvt. Next: Pvt Low 716.80,
- 5. Levels R: 748.65, 744.76,
- 6. Levels S: 688.57, 555.60, 551.68, 523.65, 511.93.
Daily Benchmarks
- (Short-Term) 5 Day: 711.20 Up Trend,
- (Short-Term) 10 Day: 723.48 Down Trend,
- (Intermediate-Term) 20 Day: 721.50 Down Trend,
- (Intermediate-Term) 55 Day: 684.32 Up Trend,
- (Long-Term) 100 Day: 642.83 Up Trend,
- (Long-Term) 200 Day: 625.38 Up Trend.
Additional Metrics
- ATR: 733,
- VOLMA: 32709273.
Overall Rating
- Short-Term: Bullish,
- Intermediate-Term: Bullish,
- Long-Term: Bullish.
Key Insights Summary
QQQ is in a strong daily uptrend with price pressing back into the upper pivot structure near prior highs after a sharp June pullback and rebound. The pivot framework remains constructive, with the current short-term pivot trend still UTrend and the higher-timeframe HiLo trend also UTrend, showing the larger swing structure has recovered from the April low and reasserted upward momentum. Price is trading well above the 55, 100, and 200-day benchmarks, keeping the intermediate and long-term trend profile bullish, while the 10-day and 20-day benchmarks remain below price and reflect a recent pause/retracement phase rather than a broken trend. The chart shows a fast momentum phase, large daily bars, and elevated activity around the recent V-shaped recovery and inside-bar/breakout behavior near the June high zone, with resistance marked at 748.65 and the prior pivot high at 744.76.
Chart Analysis ATS AI Generated: 2026-06-16 07:05 for Informational use only, not trading advice. Terms and Risk Disclosure Copyright © 2026. Algo Trading Systems LLC.