NASDAQ INC (NDAQ) Stock Technical Analysis
USA - NASDAQ:NDAQ - US6311031081 - Common Stock
Taking everything into account, NDAQ scores 1 out of 10 in our technical rating. NDAQ has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
Although the technical rating is bad, NDAQ does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 85.59, a Stop Loss order could be placed below this zone.
More info and screens
74.24
We found 2 important support areas.
- A support zone ranging from 85.42 to 85.59. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @74.99 from a trend line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 86.23 to 89.77. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 96.85 to 96.94. This zone is formed by a combination of multiple trend lines in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | NEUTRAL | NEUTRAL | The long term trend for NDAQ is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for NDAQ is down. |
| ChartMill Relative Strength | 40.27 | NEUTRAL | NDAQ is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of NDAQ is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of NDAQ is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of NDAQ is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 42.34 | NEUTRAL | The RSI value for NDAQ is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.12 | NEGATIVE | The MACD value suggests NDAQ has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 10.72 | OVERSOLD | The low Stochastics value suggests NDAQ may be oversold. |
| Average True Range in percent/ATR (20) | 2.02 | MEDIUM VOLATILITY | The ATR as a percentage value for NDAQ suggests some volalility. |
| Average Directional Index/ADX (14) | 15.68 | NEGATIVE | The low ADX value for NDAQ suggests a weak or negative trend. |
86.19
+0.63 (+0.74%)
NASDAQ INC / NDAQ FAQ
What is the technical rating for NDAQ stock?
ChartMill assigns a technical rating of 1 / 10 to NDAQ.
What is the current trend direction of NASDAQ INC (NDAQ) stock?
The current trend direction for NASDAQ INC (NDAQ) is Bearish.
What is the RSI signal for NDAQ stock?
NASDAQ INC (NDAQ) has an RSI value of 42.3355. This indicates that the stock is currently neutral.
What is the short term momentum for NDAQ stock?
The short term momentum for NASDAQ INC (NDAQ) is negative.
What are the support and resistance levels for NASDAQ INC (NDAQ) stock?
NASDAQ INC (NDAQ) has a support level at 85.59 and a resistance level at 86.23. Check the full technical report for our detailed analysis of NDAQ support and resistance levels.