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Archive - 4/17/2026 - 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 a third positive week after 5 consecutive negative weeks for the Nasdaq (^IXIC). During the week, the ^IXIC gained 1565.59 points, or 6.84%, and closed at 24468.48 on Friday, April 17, 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 24519.51 on April 17, 2026. ^IXIC gained -14430.68 points, or -143.04%, in 183 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 16848.21 and resistance is at 25874.84. 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 24519.51 on April 17, 2026. ^IXIC gained -9735.48 points, or -65.85%, in 53 weeks. Price is near the trend high.
Weekly Technical Indicators: [See ^IXIC weekly technical indicators chart] Weekly Williams' Percentage Range is strongly overbought. Use the Technical Stock Screener to see the list of stocks with strongly overbought weekly overbought Williams' Percentage Range. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following link to access Williams' Percentage Range help. The weekly MACD line is below its signal line since November 14, 2025. The distance between MACD and the signal line is low and getting smaller. Use the following link to access a MACD help.
Short-term trend: [See ^IXIC short-term trend chart] A short-term uptrend had started on March 30, 2026 at 20690.25 and reached 24519.51 on April 17, 2026. ^IXIC gained -3829.26 points, or -18.51%, in 18 days. Price is near the trend high.
Daily Technical Indicators: [See ^IXIC daily technical indicators chart] Daily Relative Strength Index, Williams' Percentage Range and Lane's Stochastic are strongly overbought. Use the Technical Stock Screener to see the list of stocks with strongly overbought daily overbought Relative Strength Index, Williams' Percentage Range and Lane's Stochastic. During the last week, daily Lane's Stochastic main line (%K) has declined below the overbought signal line (%D). Such crossover is considered a bearish signal. Use the following links to access Lane's Stochastic and Relative Strength Index help. The daily MACD line is above its signal line since April 1, 2026. This is an indication that the short-term trend is up. The distance between MACD and the signal line is near its high and getting bigger. It indicates that the current short-term uptrend is strong. The distance between the Bollinger Bands is 130.87% higher then one year average. It indicates the period of high 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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