The Greedy Trader Weekly Analysis
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Uptrend Exhaustion

Uptrend Exhaustion stock alert presents a technical analysis stock market picking technique based on combination of technical indicators, stock trend analysis, trend following indicators and pattern recognition. Stock market alert is a warning signal. Uptrend Exhaustion alert indicates that long term uptrend is exhausted and probability of long term trend reversal is high. Uptrend exhaustion stock market alert presents relatively low to medium risk - high reword stock pick for overvalued stocks.

The strategy is based on selling (or taking a short) position on anticipation of uptrend reversal.

Uptrend Exhaustion

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- 8/28/2026 -
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NASDAQ OMX Group Inc. (NDAQ) Technical Analysis

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Summary:
Weekly :Overbought sectorBroken uptrend resistance line - uptrend exhaustionWilliams' Percentage Range and Lane's Stochastic are strongly overboughtBroken trend resistance line
Daily :Williams' Percentage Range and Lane's Stochastic are overboughtMACD bearish divergenceDaily  MACD line has moved above its signal linePrice is near the Fibonacci 23.6% retracement level
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It was a ninth consecutive positive week for the NASDAQ OMX Group Inc. (NDAQ). During the week, the NDAQ gained 1.09 points, or 1.11%, and closed at 99.31 on Friday, August 28, 2026. Weekly volume was -36% 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 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 (76.31) 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 (76.31) 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 and Lane's Stochastic are strongly overbought. Use the Technical Stock Screener to see the list of stocks with strongly overbought weekly overbought Williams' Percentage Range and Lane's Stochastic. 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 links to access Lane's Stochastic and Williams' Percentage Range help.

The weekly MACD line is above its signal line since July 17, 2026. The distance between MACD and the signal line is relatively high and getting bigger. 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 August 6, 2026 at 93.19 and reached 100.97 on August 27, 2026. NDAQ gained -7.78 points, or -8.35%, in 21 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 and Lane's Stochastic are overbought. Use the Technical Stock Screener to see the list of stocks with overbought daily Williams' Percentage Range and Lane's Stochastic. Daily MACD has bearish divergence. Use the following links to access the MACD help, or use the Technical Stock Screener to see the list of stocks with daily MACD bearish divergence. The divergence between price and indicator is considering one of the most important buy/sell stocks trading signal.

During the last week, daily MACD line has moved above its signal line. Such crossover is considered a bullish signal.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 73.44
Williams' Percentage Range (W%R) 13.20
Overbought
Lane's Stochastic (%D-Slow) 80.92
Overbought
Greed/Fear Indicator (GFI) 80.37
Overbought
Moving Average Converg./Diverg. (MACD) 2.00 Bearish
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 60.47
Williams' Percentage Range (W%R) 4.20
Strong Overbought
Lane's Stochastic (%D-Slow) 92.71
Strong Overbought
Greed/Fear Indicator (GFI) 82.32
Overbought
Moving Average Converg./Diverg. (MACD) 0.57
Trading Signals
Description Value Chart
Upper Bollinger Band 100.33
Daily Stochastic Crossing 99.88
Weekly Stochastic Crossing 99.70
Price 99.31
Parabolic System 98.28
20 Day Moving Average 96.68
Lower Bollinger Band 92.94
50 Day Moving Average 91.15
Yearly Trendline Resistance 88.64
Quarterly Trendline Resistance 88.64
Sector and Industry
Description Name Rank
Sector Financials 10
Industry Financial Exchanges & Data 84
Daily Trend
Description Value
Direction Up
Chart Pattern Uptrend
Low 93.19
Low Date 08/06/2026
High 100.97
High Date 08/27/2026
Weekly Trend
Monthly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 93.19
Low Date 08/06/2026
High 100.97
High Date 08/27/2026
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 76.55
Low Date 06/30/2026
High 100.97
High Date 08/27/2026
Quarterly Trend
Yearly Trend
Description Value
Direction Down
Chart Pattern Descending Triangle
Status Broken Resistance
Resistance 88.64
Support 76.31
High 101.79
High Date 01/16/2026
Low 76.55
Low Date 06/30/2026
Description Value
Direction Up
Chart Pattern Descending Triangle
Status Broken Resistance
Resistance 88.64
Support 76.31
Low 58.28
Low Date 06/10/2024
High 101.79
High Date 01/16/2026
Warning: TheGreedyTrader.com presents weekly analysis. Technical indicators and trend parameters are calculated for the close of business day indicated on the top right corner of the screen.