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Uptrend Broken SupportArchive - 12/13/2024 - 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 the negative week for the NASDAQ OMX Group Inc. (NDAQ). During the week, the NDAQ dropped -1.02 points, or -1.26%, and closed at 80.12 on Friday, December 13, 2024. Weekly volume was -23% 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 April 25, 2024 at 58.10 and reached 83.77 on November 29, 2024. NDAQ gained -25.67 points, or -44.18%, in 31 weeks. The price is now at the 14.22% retracement level. Medium-term trend: [See NDAQ medium-term trend chart] A medium-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 (80.93) 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 NDAQ weekly technical indicators chart] Weekly Williams' Percentage Range and Lane's Stochastic are overbought. Use the Technical Stock Screener to see the list of stocks with overbought weekly 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 19, 2024. This is an indication that the medium-term trend is up. 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 December 12, 2024 at 81.46 and reached 79.95 on December 13, 2024. NDAQ lost 1.51 points, or 1.85%, in 1 days. The price is now at the 11.26% retracement level. Daily Technical Indicators: [See NDAQ daily technical indicators chart] Daily technical indicators are neutral. The daily MACD line is below its signal line since December 2, 2024. This is an indication that the short-term trend is down. During the last week, the price has declined below 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.
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