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Archive - 1/17/2025 - Sign In to see current Signals. |
NASDAQ OMX Group Inc. (NDAQ) Technical Analysis
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| Summary:
| | Weekly : | | Daily : Move cursor over the icon to see details.
| | It was a first positive week for the NASDAQ OMX Group Inc. (NDAQ). During the week, the NDAQ gained 2.95 points, or 3.89%, and closed at 78.83 on Friday, January 17, 2025. It was the best weekly gain since November 8, 2024. Weekly volume was -15% below average. NDAQ is a member of Financials Sector. Financials is the most overbought sector. Sector/industry rotation is considered a proven strategy to beat the market. Use the following links to find overbought/oversold technical indicators by Sector or by Industry. Long-term trend: [See NDAQ long-term trend chart] A long-term uptrend had started on June 10, 2024 at 58.28 and reached 83.77 on November 29, 2024. NDAQ gained -25.49 points, or -43.74%, in 24 weeks. The chart has formed a Rising Channel chart pattern. The uptrend support line (85.00) 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 long-term trend. Medium-term trend: [See NDAQ medium-term trend chart] A medium-term downtrend had started on November 29, 2024 at 83.77 and reached 75.33 on January 13, 2025. NDAQ lost 8.44 points, or 10.08%, in 6 weeks. The chart has formed a Falling Channel chart pattern. The downtrend resistance line (74.39) is broken. A broken support is considered to be a long-term bullish 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 resistance line in a medium-term trend. Weekly Technical Indicators: [See NDAQ weekly technical indicators chart] Weekly technical indicators are neutral. The weekly MACD line is below its signal line since December 20, 2024. This is an indication that the medium-term trend is down. Use the following link to access a MACD help. Short-term trend: [See NDAQ short-term trend chart] A short-term uptrend had started on January 13, 2025 at 75.33 and reached 79.37 on January 17, 2025. NDAQ gained -4.04 points, or -5.36%, in 4 days. The price is now at the 13.37% retracement level. Daily Technical Indicators: [See NDAQ daily technical indicators chart] Daily technical indicators are neutral. During the last week, daily MACD line has moved above its signal line. Such crossover is considered a bullish signal. During the last week, the price has risen above the Parabolic SAR (stop and reversal). A Parabolic SAR below the price is a bullish signal, and it indicates that momentum is likely to remain in the upward 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. During the last week, the price has moved above the moving average in the center of the Bollinger Bands. 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. Price is close to the 50 Day Moving Average. The moving average crossover signals work better when the stock develops a strong trend, but they are ineffective when the stock is in a trading range. Moving average crossover systems can be effective, but should be used in conjunction with trend patterns, momentum indicators, candlesticks and other aspects of technical analysis. Use the following links to access Moving Average Crossover trading technique, or use the Technical Stock Screener to see the list of stocks with the Moving Average close to the price level.
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