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Downtrend Broken Resist.Archive - 7/31/2026 - 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 fifth consecutive positive week for the NASDAQ OMX Group Inc. (NDAQ). During the week, the NDAQ gained 2.10 points, or 2.28%, and closed at 94.19 on Friday, July 31, 2026. NDAQ was trading at average weekly trading volume. 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 101.79 on January 16, 2026. NDAQ gained -43.51 points, or -74.66%, in 83 weeks. The chart has formed a Descending Triangle chart pattern. The uptrend resistance line (76.42) is broken, while daily and weekly technical indicators are overbought. Uptrend is exhausted and trend reversal is possible soon. 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 long-term trend.
Medium-term trend: [See NDAQ medium-term trend chart] A medium-term downtrend had started on January 16, 2026 at 101.79 and reached 76.55 on June 30, 2026. NDAQ lost 25.24 points, or 24.80%, in 23 weeks. The chart has formed a Descending Triangle chart pattern. The downtrend resistance line (76.42) is broken. Usually a broken resistance is considered to be a long-term bullish signal, but since daily indicators are overbought a short-term pull back is possible. NDAQ may retest the broken resistance line. It is considered to be a support line now. 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 Williams' Percentage Range is overbought. Use the Technical Stock Screener to see the list of stocks with overbought weekly 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 above its signal line since July 17, 2026. Use the following link to access a MACD help.
Short-term trend: [See NDAQ short-term trend chart] A short-term downtrend had started on July 29, 2026 at 96.87 and reached 93.26 on July 30, 2026. NDAQ lost 3.61 points, or 3.73%, in 1 days. Price is near the Fibonacci 23.6% retracement level. The Fibonacci retracement level is considered a support/resistance level.
Daily Technical Indicators: [See NDAQ daily technical indicators chart] Daily Williams' Percentage Range is overbought. Use the Technical Stock Screener to see the list of stocks with overbought daily Williams' Percentage Range. The daily MACD line is above its signal line since July 2, 2026. The distance between MACD and the signal line is low and getting smaller. During the last week, the 20 Day Moving Average has advanced above the 50 Day Moving Average. Such crossover is considered a bullish signal. 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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