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Archive - 3/6/2026 - Sign In to see current Signals. |
Nasdaq (^IXIC) Technical Analysis
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| Summary:
| | Weekly : | | Daily :    Move cursor over the icon to see details.
| | It was the negative week for the Nasdaq (^IXIC). During the week, the ^IXIC dropped -280.53 points, or -1.24%, and closed at 22387.68 on Friday, March 6, 2026. Weekly volume was -100% below average.
Long-term trend: [See ^IXIC long-term trend chart] A long-term uptrend had started on October 13, 2022 at 10088.83 and reached 24019.99 on October 29, 2025. ^IXIC gained -13931.16 points, or -138.08%, in 158 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 16631.41 and resistance is at 25121.55. A Broadening Ascending Wedge pattern is considered to be a reversal formation. It usually appears in a mature trend, characterized by overbought/oversold long-term and short-term indicators, and often generates divergence on long-term indicators. Use the following link to access a Broadening Ascending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Ascending Wedge pattern in a long-term trend.
Medium-term trend: [See ^IXIC medium-term trend chart] A medium-term uptrend had started on April 7, 2025 at 14784.03 and reached 24019.99 on October 29, 2025. ^IXIC gained -9235.96 points, or -62.47%, in 29 weeks. The chart has formed a Ascending Triangle chart pattern. The uptrend support line (25054.62) is broken. A broken support is considered to be a long-term bearish signal. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend support in a medium-term trend.
Weekly Technical Indicators: [See ^IXIC weekly technical indicators chart] Weekly technical indicators are neutral. The weekly MACD line is below its signal line since November 14, 2025. Use the following link to access a MACD help.
Short-term trend: [See ^IXIC short-term trend chart] A short-term downtrend had started on January 28, 2026 at 23988.26 and reached 22124.78 on March 3, 2026. ^IXIC lost 1863.48 points, or 7.77%, in 34 days. The price is now at the 14.11% retracement level.
Daily Technical Indicators: [See ^IXIC daily technical indicators chart] Daily technical indicators are neutral. During the last week, daily MACD line has moved below its signal line. Such crossover is considered a bearish signal. During the last week, the price has fallen below the Parabolic SAR (stop and reversal). A Parabolic SAR above the price is a bearish signal, and it indicates that momentum is likely to remain in the downward direction. A Parabolic SAR is used as a trailing stop loss for long or short positions. It works best during strong trending periods. Use the following links to access Parabolic SAR Help, or use the Technical Stock Screener to see the list of stocks with the Parabolic SAR close to the price level. The price touches the lower Bollinger Band. The distance between the Bollinger Bands is falling, and it was 4.04% on Friday. It is 50.75% lower than one year average. It indicates the period of low volatility of the stock price. The Bollinger Bands are often used with a non-oscillator indicator like chart patterns or a trendline. The signals are considered more reliable if these indicators confirm the recommendation of the Bollinger Bands. Use the following links to access the Bollinger Bands Help, or use the Technical Stock Screener to see the list of stocks with the price above the Upper Bollinger Band or below the Lower Bollinger Band.
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