NASDAQ INC (NDAQ) Stock Technical Analysis
NASDAQ:NDAQ • US6311031081
We assign a technical rating of 1 out of 10 to NDAQ. 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.
- The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
- NDAQ is one of the better performing stocks in the Capital Markets industry, it outperforms 71% of 238 stocks in the same industry.
- NDAQ has an average volume of 4752940 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- When comparing the performance of all stocks over the past year, NDAQ turns out to be only a medium performer in the overall market: it outperformed 42% of all stocks.
- NDAQ is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so NDAQ is lagging the market.
- In the last month NDAQ has a been trading in the 77.09 - 99.70 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
The technical rating of NDAQ is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
78.22
When analyzing the support we notice one important area.
- A support zone ranging from 79.01 to 79.47. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 87.59 to 89.89. This zone is formed by a combination of multiple trend lines and important moving averages 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 | DOWN | NEGATIVE | The long term trend for NDAQ is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for NDAQ is neutral. |
| ChartMill Relative Strength | 42.32 | NEUTRAL | NDAQ is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of NDAQ is above 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 | MIXED | The current price of NDAQ is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 51.1 | NEUTRAL | The RSI value for NDAQ is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.96 | POSITIVE | The MACD value suggests NDAQ has a positive trend. |
| Stochastics (14,3) | 79.97 | NEUTRAL | The Stochastics value for NDAQ is a neutral value. |
| Average True Range in percent/ATR (20) | 3.69 | MEDIUM VOLATILITY | The ATR as a percentage value for NDAQ suggests some volalility. |
| Average Directional Index/ADX (14) | 34.82 | POSITIVE | The high ADX value value for NDAQ suggests a strong trend. |
87.58
-1.01 (-1.14%)
NASDAQ INC / NDAQ FAQ
What is the technical rating for NDAQ stock?
ChartMill assigns a technical rating of 1 / 10 to NDAQ.
Can you provide the trend direction for NASDAQ INC?
The current trend direction for NASDAQ INC (NDAQ) is Bearish.
Can you provide the RSI signal for NASDAQ INC?
NASDAQ INC (NDAQ) has an RSI value of 51.1009. This indicates that the stock is currently neutral.
Can you provide the MACD signal for NASDAQ INC?
The MACD indicator for NASDAQ INC (NDAQ) has a value of 0.956655, indicating a bearish trend.
What is the support and resistance level for NDAQ stock?
NASDAQ INC (NDAQ) has a support level at 79.47 and a resistance level at 87.59. Check the full technical report for our detailed analysis of NDAQ support and resistance levels.